Financial
Distress signals
Property profile

26110 Michigan Ave Inkster, MI 48141

FOR LEASE
Auto shops
Property ID
US43-1406600
6,691 SF 0.2 ac lot Built 1958
Last sale Mar 2025 · $280,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A commercial building of approximately 7,000 square feet is currently undergoing major renovations. The structure includes two bay doors and has an approximate 16-foot ceiling height. Building improvements in progress include a roof replacement and the replacement of broken windows. Site maintenance measures include tree removal to improve accessibility and the overall appearance of the grounds. The property is configured to support business use, and the land is held in a manner that allows for land contract arrangements.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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 · 2019

What does the county charge?
$3k
Tax billed · 2019
Assessed value · 2024$45k
Effective rate7.65%

Value estimate

· Sep 2026
$255k
$230k – $281k
NOI build-up
Gross scheduled income$51k
Vacancy & credit loss−$2k
Operating expenses−$7k
NOI · 609.61% cap applied$42k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$72/SF
County average, outlier-cleaned · 447 recorded sales of this use type
Observed band · Q1–Q3$35 – $117
Qualifying comparables6

Cap rate analysis

How does the asset earn?
609.61%
$42k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionWAYNE

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm12.6
Parking Facility11.6
Grocery Store9.7

Location

26110 Michigan Ave Inkster, MI 48141
County assessor Recorded deeds · 5 transfers 6 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

3 recorded sales · 15 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3440 Inkster, Inkster, MI 48141-2563 $125,000 Aug 2021 3,100 SF
29118 Michigan, Inkster, MI 48141-2047 $125,000 Jul 2021 1,568 SF
1320 Middlebelt, Inkster, MI 48141-1630 $135,000 May 2021 1,323 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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