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Financial
Distress signals
Property profile

744 Lothrop Rd Detroit, MI 48202

OFF-MARKET
Office buildings
Property ID
US43-1194398
2,430 SF 0.14 ac lot Built 1910
Last sale Oct 2023 · $419,500
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

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

Debts

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?
$4k
Tax billed · 2020
Assessed value · 2024$161k
Effective rate2.60%

Value estimate

· Oct 2026
$530k
$477k – $583k

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$62/SF
Submarket average, outlier-cleaned · 206 recorded sales of this use type
Observed band · Q1–Q3$25 – $102
Qualifying comparables11

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?
B2
The B2 local business and residential district provides for the day to day consumer goods and services required to serve a small resident...
General categoryCOMMERCIAL
JurisdictionWAYNE

Location intelligence

Which uses thrive at this corner?
Best fit: Tailor Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Tailor Shop9.9
Kitchen & Bath9.1
Carpet & Flooring Store9.1

Location

744 Lothrop Rd Detroit, MI 48202-2715
County assessor Recorded deeds · 3 transfers 11 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
9851 Hamilton, Detroit, MI 48202-1424 $550,000 Oct 2022 41,040 SF
2920 Grand, Detroit, MI 48202-3132 $173,500 Feb 2022 4,416 SF
2895 Grand, Detroit, MI 48202-3131 $330,000 Jul 2021 2,840 SF
5840 2nd, Detroit, MI 48202-3624 $789,000 Dec 2018 7,663 SF
821 Milwaukee, Detroit, MI 48202-2947 $350,000 Dec 2018 2,400 SF
8045 2nd, Detroit, MI 48202-2403 $1,950,000 Oct 2018 30,654 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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