Financial
Distress signals
Property profile

23524 Fenkell St Detroit, MI 48223

OFF-MARKET
Auto shops
Property ID
US43-1030355
8,000 SF 0.23 ac lot Built 1975
Last sale Nov 2018 · $160,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Located in Detroit, MI, the property consists of an approximately 8,000 sq. ft. commercial collision repair facility built for automotive repair operations. It includes updated electrical infrastructure and contains specialized equipment such as a spray booth (brand-new as described), a frame machine, and a hoist. The layout features a dedicated office area and paved outdoor parking in front with capacity for up to 19 vehicles. The site covers approximately 0.23 acres.

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?
$6k
Tax billed · 2020
Assessed value · 2024$125k
Effective rate4.69%

Value estimate

· Sep 2026
$215k
$194k – $237k

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?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B4
The B4 general business district provides for business and commercial uses of a thoroughfare oriented nature
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 agency29.6
Law Firm23.7
Dental Office22.7

Location

23524 Fenkell St Detroit, MI 48223-1427
County assessor Recorded deeds · 1 transfer 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
15315 Pierson, Detroit, MI 48223-1624 $20,000 Apr 2025 4,302 SF
20121 Schoolcraft, Detroit, MI 48223-2850 $85,500 Mar 2023 4,200 SF
13501 Auburn, Detroit, MI 48223-3414 $300,000 Sep 2021 8,576 SF
22520 Fenkell, Detroit, MI 48223-1555 $40,000 Jan 2021 3,972 SF
21330 Schoolcraft, Detroit, MI 48223-2649 $55,000 Aug 2020 4,750 SF
12901 Auburn, Detroit, MI 48223-3400 $100,000 Mar 2019 6,057 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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