Financial
Distress signals
Property profile

10535 8th Mile Rd Detroit, MI 48221

OFF-MARKET
Auto shops
Property ID
US43-5179278
2,848 SF 0.24 ac lot Built 1951
Last sale Sep 2023 · $700,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

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 · 2020

What does the county charge?
$1k
Tax billed · 2020
Assessed value · 2024$69k
Effective rate1.93%

Value estimate

· Sep 2026
$635k
$572k – $699k

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$61/SF
Submarket average, outlier-cleaned · 279 recorded sales of this use type
Observed band · Q1–Q3$29 – $104
Qualifying comparables9

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?
B2
The B2 local business and residential district provides for the day to day consumer goods and services required to serve a small resident...
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 agency31.2
Law Firm22.7
Dental Office19.1

Location

10535 8th Mile Rd Detroit, MI 48221-1031
County assessor Recorded deeds · 4 transfers 9 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
8831 8th Mile, Detroit, MI 48221-1104 $200,000 Sep 2024 2,981 SF
10501 8th Mile, Detroit, MI 48221-1031 $700,000 Sep 2023 3,600 SF
3135 Mcnichols, Detroit, MI 48221-3051 $65,000 Jul 2023 2,944 SF
18911 Livernois, Detroit, MI 48221-4205 $76,000 Jan 2022 2,630 SF
10520 7th Mile, Detroit, MI 48221-1967 $90,000 May 2019 2,660 SF
8003 8th Mile, Detroit, MI 48221-1248 $100,000 Dec 2018 2,250 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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