Financial
Distress signals
Property profile

8820 Lyndon St Detroit, MI 48238

OFF-MARKET
Auto shops
Property ID
US43-0943019
12,598 SF 0.33 ac lot Built 1946
Last sale Feb 2022 · $400,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This 12,600-square-foot industrial warehouse in Detroit, Michigan, is available for sale at $450,000 ($39.60/sq ft). Located at 8820 Lyndon St, 48238, this single-tenant, Class C property sits on a 0.33-acre lot and features four dock-high doors. Built in 1946, the warehouse boasts a spacious interior with 19' to 25' ceiling heights, ideal for various uses. The property includes four parking spaces and significant heavy-duty infrastructure: one 3-ton and two 5-ton cranes, two 12' x 6'

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$223k
Effective rate1.12%

Value estimate

· Sep 2026
$380k
$342k – $418k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$61/SF
Submarket average, outlier-cleaned · 279 recorded sales of this use type
Observed band · Q1–Q3$29 – $104
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?
M2
The M2 restricted industrial district is designed for a wide range of industrial and related uses which can function with a minimum of un...
General categoryINDUSTRIAL
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 agency55.6
Law Firm39.9
Restaurant38.4

Location

8820 Lyndon St Detroit, MI 48238-2303
County assessor Recorded deeds · 1 transfer 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

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
14301 Linwood, Detroit, MI 48238-2837 $10,100 Nov 2024 7,882 SF
14603 Wyoming, Detroit, MI 48238-1730 $12,500 Oct 2022 8,857 SF
15733 Wyoming, Detroit, MI 48238-1134 $170,000 Apr 2022 6,537 SF
8740 Lyndon, Detroit, MI 48238-2302 $265,000 Apr 2021 9,213 SF
14927 Wyoming, Detroit, MI 48238-1732 $72,000 Jan 2021 13,780 SF
7120 Intervale, Detroit, MI 48238-2402 $60,000 Feb 2019 9,937 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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