Financial
Distress signals
Property profile

2405 Mcnichols Rd Detroit, MI 48212

OFF-MARKET
Manufacturing properties
Property ID
US43-0931196
5,123 SF 0.19 ac lot Built 1939
Last sale Dec 2016 · $5,300
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Located at 2405 W McNichols Road in Detroit, this commercial building was built in 1959 and contains an approximately 4,000-square-foot first-level space configured as a previously used, fully equipped daycare facility. The existing layout can accommodate continued childcare operations and is also identified for a range of uses including medical office, educational, professional services, retail, wellness, and community organization. The building features multiple entrances and is designed to

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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?
$2k
Tax billed · 2023

Value estimate

· Sep 2026
$270k
$243k – $297k

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$40/SF
Submarket average, outlier-cleaned · 223 recorded sales of this use type
Observed band · Q1–Q3$20 – $68
Qualifying comparables11

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?
B4
The B4 general business district provides for business and commercial uses of a thoroughfare oriented nature
General categoryCOMMERCIAL
JurisdictionWAYNE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency17.1
Restaurant13.5
Pharmacy11.3

Location

2405 Mcnichols Rd Detroit, MI 48212-1528
County assessor Recorded deeds · 9 transfers 11 qualifying comp sales 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 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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