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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?

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?
$2k
Tax billed · 2020
Assessed value · 2024$223k
Effective rate1.12%

Value estimate

· Oct 2026
$380k
$342k – $418k

Realmo valuation models over county records and 5 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 comparables5

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

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

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