Property profile

8330 Harper Ave Detroit, MI 48213

FOR SALE
Retail space
Saved · see the list in your Dashboard
Property ID
US43-0366234
4,060 SF 0.11 ac Built 1943
Last sale Jun 2021·$100,000
Individually Owned Owner of record is an individual. 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

8330 Harper Ave, Detroit, MI 48213 is a commercial building configured for warehouse and retail-style occupancy, originally converted from a prior grocery use. The property includes an updated roof and an updated HVAC system. The site occupies a full block and features a large parking lot intended to accommodate customer and employee parking needs. The building’s layout and infrastructure support use cases spanning light warehouse operations and retail-oriented occupancy within the same structure, depending on tenant and operational requirements.

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?
$3k
Tax billed · 2020
Assessed value · 2024$59k
Effective rate5.90%

Value estimate

· Nov 2026
$120k
$108k – $132k
NOI build-up
Gross scheduled income$30k
Vacancy & credit loss−$2k
Operating expenses−$8k
NOI · 8.59% cap applied$20k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$69/SF
Submarket average, outlier-cleaned · 738 recorded sales of this use type
Observed band · Q1–Q3$30 – $113
Qualifying comparables5

Cap rate analysis

How does the asset earn?
8.59%
$20k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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 agency24.4
Spa & Massage17.0
Hair Salon15.7

Location

8330 Harper Ave Detroit, MI 48213
County assessor Recorded deeds · 6 transfers 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
8725 Gratiot, Detroit, MI 48213-2902 $5,100 Nov 2024 4,536 SF
13137 Harper, Detroit, MI 48213-3675 $5,000 Sep 2024 3,200 SF
10046 Conner, Detroit, MI 48213-1246 $65,000 May 2024 3,338 SF
13109 Harper, Detroit, MI 48213-3675 $58,000 Mar 2023 3,200 SF
6500 Van Dyke, Detroit, MI 48213-2475 $732,000 Nov 2021 3,260 SF
12579 Harper, Detroit, MI 48213-1821 $24,835 Sep 2021 3,724 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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