Property profile

17151 Allen Rd Melvindale, MI 48122

OFF-MARKET
Bars & Pubs
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Property ID
US43-1985150
2,400 SF 0.23 ac
Last sale Mar 2025·$200,000
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

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?
$7k
Tax billed · 2023
Assessed value · 2024$82k
Effective rate8.20%

Value estimate

· Nov 2026
$305k
$275k – $336k

Realmo valuation models over county records and 12 qualifying comparable sales.

Recently sold

What actually traded nearby?
$104/SF
County average, outlier-cleaned · 300 recorded sales of this use type
Observed band · Q1–Q3$63 – $165
Qualifying comparables12

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 agency17.9
Hair Salon14.1
Spa & Massage13.4

Location

17151 Allen Rd Melvindale, MI 48122-1020
County assessor Recorded deeds · 4 transfers 12 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 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
17993 Allen, Melvindale, MI 48122-1570 $200,000 Mar 2025 2,782 SF
17355 Allen, Melvindale, MI 48122-1024 $200,000 May 2023 2,449 SF
17431 Dix, Melvindale, MI 48122-1313 $392,500 Sep 2022 2,648 SF
3105 Oakwood, Melvindale, MI 48122-1211 $55,000 May 2022 1,960 SF
18531 Allen, Melvindale, MI 48122-1515 $130,000 May 2021 2,540 SF
2630 Oakwood, Melvindale, MI 48122-1351 $340,000 Jun 2020 2,964 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

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

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