Financial
Distress signals
Property profile

Novi, MI 48375

OFF-MARKET
Industrial properties
Property ID
US43-2520493
390 SF 1.02 ac lot
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$1k
Tax billed · 2023
Assessed value$29k
Effective rate3.78%

Value estimate

· Sep 2026
$35k
$32k – $39k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$81/SF
County average, outlier-cleaned · 341 recorded sales of this use type
Observed band · Q1–Q3$53 – $107

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
I-2
I-2 General Industrial Districts 139 - - - Found in multiple Articles and Sections 2000 Intent 139 3 3.1.19.A 3-44 2001 Principal Uses Pe...
General categoryINDUSTRIAL
JurisdictionOAKLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Storage Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Storage Facility10.4
Garden Center10.0
HVAC Service10.0

Location

Novi, MI 48375
County assessor Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
22635 Heslip, Novi, MI 48375-4142 $1,050,000 Jul 2025 8,924 SF
25345 Novi, Novi, MI 48375-1641 $85,000 Sep 2023 5,603 SF
26111 Lannys, Novi, MI 48375-1025 $275,000 Jan 2022 2,772 SF
25475 Trans X, Novi, MI 48375-2445 $2,360,000 Dec 2021 6,077 SF
41144 Vincenti, Novi, MI 48375-1922 $1,075,000 May 2021 14,820 SF
22550 Heslip, Novi, MI 48375-4139 $500,000 Oct 2018 9,660 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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