Property summary
The property is a mixed-use commercial building located in Detroit, Michigan, with retail/commercial storefront space on the lower level and an apartment on the second floor. The lower level contains two storefront spaces, one of which was historically occupied by a barber and the other configured for commercial tenancy. A covered one-car garage is included with the building. The second-floor residence is a 2-bedroom, 1-bath apartment that had renovations completed and is configured as a rental unit. The building shares a common wall with an adjacent property identified as 16676 James Couzens. The surrounding area is characterized by a bike score of 41, a walk score of 53, and a transit score of 49, indicating limited-to-moderate access to biking, walking amenities, and transit options.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
ity Residential District. (Code 1984, § 61-7-2; Ord. No. 11-05, § 1(61-7-2), eff. 5-28-2005) Sec. 50-7-3. - Business Districts. Business districts within the City are as follows: (1) B1 Restricted Business District. (2)…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2020Property description
Physical attributes from public recordsZoning & alternative use
B2 · Detroit, MIity Residential District. (Code 1984, § 61-7-2; Ord. No. 11-05, § 1(61-7-2), eff. 5-28-2005) Sec. 50-7-3. - Business Districts. Business districts within the City are as follows: (1) B1 Restricted Business District. (2)…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
ity Residential District. (Code 1984, § 61-7-2; Ord. No. 11-05, § 1(61-7-2), eff. 5-28-2005) Sec. 50-7-3. - Business Districts. Business districts within the City are as follows: (1) B1 Restricted Business District. (2)…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for B2 in Detroit, MI.
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
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- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning