Financial
Distress signals
Property profile

7810 Kercheval St Detroit, MI 48214

FOR SALE
Retail space
Property ID
US43-1353994
3,730 SF 0.09 ac lot Built 1915
Last sale Jan 2019 · $243,000
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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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 · 2020

What does the county charge?
$2k
Tax billed · 2020
Assessed value · 2024$71k
Effective rate3.27%

Value estimate

· Sep 2026
$290k
$261k – $319k
NOI build-up
Gross scheduled income$86k
Vacancy & credit loss−$10k
Operating expenses−$29k
NOI · 12.67% cap applied$48k

Realmo valuation models over county records and 10 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 comparables10

Cap rate analysis

How does the asset earn?
12.67%
$48k 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 agency29.6
Law Firm26.7
Building Supply19.4

Location

7810 Kercheval St Detroit, MI 48214
County assessor Recorded deeds · 5 transfers 10 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
10520 Jefferson, Detroit, MI 48214-3237 $1,000,000 Jul 2024 4,190 SF
7241 Jefferson, Detroit, MI 48214-2307 $305,000 Aug 2023 3,850 SF
7255 Jefferson, Detroit, MI 48214-2307 $900,000 Jun 2023 3,280 SF
9100 Kercheval, Detroit, MI 48214-2954 $54,000 Aug 2022 3,328 SF
9645 Jefferson, Detroit, MI 48214-2909 $650,000 Feb 2022 2,948 SF
10330 Warren, Detroit, MI 48214-1507 $6,800 Oct 2021 3,219 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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