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Financial
Distress signals
Property profile

5720 E Davison St Hamtramck, MI 48212

FOR SALE
Auto shops
Property ID
US43-0355432
4,970 SF 0.52 ac lot Built 1952
Last sale Apr 2021 · $110,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Commercial property located in Hamtramck, Michigan (Wayne County), consisting of two buildings on a 0.51-acre lot with a combined total building area of 4,970 square feet. The property is configured in a manner that can support uses such as an automotive dealership.

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.

Debts

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?
$4k
Tax billed · 2020
Assessed value · 2024$74k
Effective rate5.18%

Value estimate

· Oct 2026
$110k
$99k – $121k
AI approach$110k
NOI build-up
Gross scheduled income$72k
Vacancy & credit loss−$4k
Operating expenses−$20k
NOI · 8.72% cap applied$47k

Realmo valuation models over county records and 5 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 comparables5

Cap rate analysis

How does the asset earn?
8.72%
$47k estimated NOI · market benchmarks for this use type

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

Zoning insight

What can be built here?
B4
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 agency30.3
Law Firm26.4
Dental Office24.0

Location

5720 E Davison St Hamtramck, MI 48212
County assessor Recorded deeds · 3 transfers 5 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 · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
17217 Conant, Hamtramck, MI 48212-1163 $15,000 May 2025 4,197 SF
4220 Davison, Hamtramck, MI 48212-1706 $80,000 Nov 2022 7,869 SF
17491 Mt Elliott, Detroit, MI 48212-1340 $13,000 Nov 2021 4,888 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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