Property profile

19400 Allen Rd Melvindale, MI 48122

OFF-MARKET
Commercial land
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Property ID
US43-1330767
4.98 ac
Last sale Jan 2025·$1,690,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

The property is an industrial warehouse that was renovated and occupies a site exceeding 5 acres. The building is configured with multiple loading docks and four drive-in doors, and offers ceiling clearances ranging from approximately 15 feet to 24 feet to support warehouse, manufacturing, distribution, and other industrial uses. Zoning is designated for Heavy Industry and Light Industry. The site provides convenient access to regional transportation routes including I-75, I-94, and the…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$64k
Tax billed · 2023
Assessed value · 2024$763k
Effective rate8.41%

Value estimate

· Nov 2026
$1.69M
$1.52M – $1.86M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$110/SF
County average, outlier-cleaned · 610 recorded sales of this use type
Observed band · Q1–Q3$45 – $195

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?
R1 1 FA
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 agency43.9
Law Firm34.6
Spa & Massage24.7

Location

19400 Allen Rd Melvindale, MI 48122-2204
County assessor Recorded deeds · 6 transfers 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 · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2947 Greenfield, Melvindale, MI 48122-1239 $450,000 Sep 2024 No data
3065 Oakwood, Melvindale, MI 48122-1209 $75,000 Jan 2024 No data
4113 Oakwood, Melvindale, MI 48122-1407 $300,000 May 2023 No data
17431 Dix, Melvindale, MI 48122-1313 $392,500 Sep 2022 No data
18510 Dix, Melvindale, MI 48122-1811 $135,000 Nov 2021 No data
Dora, Melvindale, MI 48122 $10,000 Aug 2021 No data
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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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