Property profile

23821 Grand Riv Ave Detroit, MI 48219

OFF-MARKET
Retail space
Saved · see the list in your Dashboard
Property ID
US43-5253941
4,750 SF 0.5 ac Built 1972
Last sale Sep 2023·$80,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2020

What does the county charge?
$6k
Tax billed · 2020
Assessed value · 2024$109k
Effective rate5.57%

Value estimate

· Nov 2026
$105k
$95k – $116k

Realmo valuation models over county records and 14 qualifying comparable sales.

Recently sold

What actually traded nearby?
$104/SF
ZIP average, outlier-cleaned · 44 recorded sales of this use type
Observed band · Q1–Q3$36 – $168
Qualifying comparables14

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 agency51.0
Law Firm35.5
Building Supply35.3

Location

23821 Grand Riv Ave Detroit, MI 48219-3001
County assessor Recorded deeds · 4 transfers 14 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
18149 Mcnichols, Detroit, MI 48219-4110 $1,000,000 Feb 2025 4,052 SF
18910 7th Mile, Detroit, MI 48219-2759 $750,000 Jan 2025 3,960 SF
24761 7th Mile, Detroit, MI 48219-7604 $700,000 Aug 2024 4,066 SF
20122 Mcnichols, Detroit, MI 48219-3374 $120,000 Oct 2023 4,014 SF
19137 7th Mile, Detroit, MI 48219-2706 $650,000 Aug 2023 5,746 SF
23819 7th Mile, Detroit, MI 48219-1628 $120,000 Apr 2023 5,419 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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Includes: Price & PSF · Cap rate · Location · Zoning

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