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Property profile

22200 Grand Riv Ave Detroit, MI 48219

OFF-MARKET
Outlet malls
Property ID
US43-1374659
9,476 SF 0.9 ac lot Built 2012
Last sale Feb 2021 · $1,550,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 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

This freestanding, single-tenant net-leased retail property comprises 9,476 square feet and was constructed in 2012. It is configured for retail use and has been operated under a triple-net (NNN) lease structure with a single tenant, including four additional 5-year renewal options. The property is located in the northwest area of Detroit near the Southfield and Redford borders in Wayne County, within an established retail corridor.

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?
$17k
Tax billed · 2020
Assessed value · 2024$291k
Effective rate5.89%

Value estimate

· Oct 2026
$1.72M
$1.54M – $1.89M
CAP approach$1.80M
Submarket $/SF estimate$1.53M

Realmo valuation models over county records and 6 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 comparables6

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?
B3
Ord. No. 11-05, § 1(61-7-2), eff. 5-28-2005) Sec. 50-7-3. - Business Districts. Business districts within the City are as follows: (1) B1...
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 agency34.8
Law Firm32.3
Dental Office21.3

Location

22200 Grand Riv Ave Detroit, MI 48219-3148
County assessor Recorded deeds · 5 transfers 6 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

1 recorded sale · 18 properties in this city
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
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 in this city
6 properties of the same type in this city
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