Financial
Distress signals
Property profile

2600 Grand Blvd Detroit, MI 48211

OFF-MARKET
Other warehouses
Property ID
US43-1240246
83,075 SF 1.61 ac lot Built 1934
Last sale Jan 2022 · $2,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

2600 E Grand Boulevard is a two-story industrial building located on a 1.61-acre parcel. The site configuration was developed by the Peschke Meat Packing Co. by 1931, with industrial uses documented in the early 1900s. The City of Detroit has approved the property for Marijuana Grower Facility (MGF) and Marijuana Processing Facility (MPF) use classifications. Given the established site layout and building structure, the property presents a redevelopment setting that may support residential or mixed-use concepts in alignment with its existing approvals.

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?
$53k
Tax billed · 2023
Assessed value · 2024$479k
Effective rate11.07%

Value estimate

· Sep 2026
$2.33M
$2.10M – $2.56M
Sales comparison$1.47M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$32/SF
Submarket average, outlier-cleaned · 187 recorded sales of this use type
Observed band · Q1–Q3$13 – $52

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?
M4
The M4 intensive industrial district permits objectionable industrial uses, restricts new residential construction except for loft conver...
General categoryINDUSTRIAL
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 Firm10.3
Kitchen & Bath9.4
Plumbing Service9.4

Location

2600 Grand Blvd Detroit, MI 48211-2040
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file 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
11630 Russell, Detroit, MI 48211-1058 $130,000 Feb 2025 59,334 SF
6000 Russell, Detroit, MI 48211-2120 $4,474,000 Sep 2024 50,008 SF
5847 Concord, Detroit, MI 48211-3237 $39,156 Aug 2024 33,393 SF
1401 Woodland, Detroit, MI 48211-1057 $1,150,000 Jul 2024 48,609 SF
5845 Russell, Detroit, MI 48211 $960,000 Sep 2023 130,722 SF
6400 Mt Elliott, Detroit, MI 48211-2455 $1,300,000 Jun 2019 212,375 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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