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    10011 Belleterre St Detroit, MI 48204

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    For Sale
    Contact for pricing

    Four-unit Detroit property requiring complete rehabilitation.

    Lot size:
    0.07 Acres

    Property Features for 10011 Belleterre St

    General Information

    Lot size
    0.07 Acres

    Building Details

    Year built
    1924

    Source: Real Estate One-Southfield Agent Gene Kelley II

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Detroit Four-Unit Rehab Opportunity

    This Detroit property features a four-unit structure, with each unit containing one bedroom. Constructed entirely of brick, the building is in need of a complete rehabilitation. Prospective buyers should exercise caution when viewing the property. The Detroit Land Bank Authority (DLBA) is offering this property, and it is entitled to a tax capture for the five tax years following the transfer of ownership. This tax capture may not be compatible with tax abatements or lot combinations. The DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment amount will be determined after reviewing the development proforma and the effect of any tax abatements on the purchase and development financing. Please refer to the DLBA proposal guidelines for further information.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.1370121
    Latitude
    42.3713171

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    FAQs

    What type of property is this?
    Quadplex - Four-unit Detroit property requiring complete rehabilitation.
    Where is this quadplex located?
    The property is located at 10011 Belleterre St Detroit, MI.
    What is the asking price?
    The asking price for this property is $20,000.
    What are key features of this property?
    This property features: - Four individual units, each with one bedroom, offering potential rental income.; - Solid all-brick construction suggesting durability.; - Property offered by the Detroit Land Bank Authority.
    (248) 723-0055
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    10011 Belleterre St Detroit, MI 48204
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