Financial
Distress signals
Property profile

18564 Fitzpatrick Ct Detroit, MI 48228

FOR SALE
Manufacturing properties
Property ID
US43-1464762
5,340 SF 0.21 ac lot Built 1955
Last sale Jan 2022 · $265,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This warehouse property at 18564 Fitzpatrick Court includes office areas and bathroom facilities, with building systems that provide heating. The space features a high door suitable for warehouse operations and includes an electrical capacity described as 240 power. It is configured for practical warehouse use and is located in Detroit with access to the Southfield Freeway (I-94) and other major roads, supporting regional connectivity.

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 · 2023

What does the county charge?
$6k
Tax billed · 2023
Assessed value · 2024$65k
Effective rate8.81%

Value estimate

· Sep 2026
$245k
$221k – $270k

Realmo valuation models over county records and 18 qualifying comparable sales.

Recently sold

What actually traded nearby?
$40/SF
Submarket average, outlier-cleaned · 223 recorded sales of this use type
Observed band · Q1–Q3$20 – $68
Qualifying comparables18

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?
M2
The M2 restricted industrial district is designed for a wide range of industrial and related uses which can function with a minimum of un...
General categoryINDUSTRIAL
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 agency27.7
Law Firm24.1
Building Supply13.8

Location

18564 Fitzpatrick Ct Detroit, MI 48228
County assessor Recorded deeds · 2 transfers 18 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
18533 Weaver, Detroit, MI 48228-1158 $40,000 Dec 2024 4,522 SF
18370 Fitzpatrick, Detroit, MI 48228-1401 $280,000 Sep 2024 8,590 SF
18235 Weaver, Detroit, MI 48228-1181 $250,000 Apr 2024 8,351 SF
18348 Fitzpatrick, Detroit, MI 48228-1401 $259,000 Feb 2023 5,221 SF
18351 Weaver, Detroit, MI 48228-1153 $50,000 Nov 2022 4,080 SF
18666 Fitzpatrick, Detroit, MI 48228-1493 $30,000 Aug 2019 4,954 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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