Financial
Distress signals
Property profile

5602 Martin St Detroit, MI 48210

OFF-MARKET
Retail space
Property ID
US43-0347714
3,709 SF 0.08 ac lot Built 1926
Last sale Jan 2024 · $54,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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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?
$3k
Tax billed · 2020
Assessed value · 2024$47k
Effective rate6.27%

Value estimate

· Sep 2026
$105k
$95k – $116k

Realmo valuation models over county records and 16 qualifying comparable sales.

Recently sold

What actually traded nearby?
$38/SF
ZIP average, outlier-cleaned · 29 recorded sales of this use type
Observed band · Q1–Q3$21 – $54
Qualifying comparables16

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?
R2
The R2 two family residential district supports single and two family dwellings, fostering a family oriented environment with conditional...
General categoryRESIDENTIAL
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 agency22.1
Law Firm18.9
Dental Office14.7

Location

5602 Martin St Detroit, MI 48210-1607
County assessor Recorded deeds · 6 transfers 16 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
8726 Michigan, Detroit, MI 48210-2060 $60,000 Apr 2025 3,597 SF
5545 Livernois, Detroit, MI 48210-1703 $110,000 Feb 2025 4,014 SF
4810 Michigan, Detroit, MI 48210-3250 $65,000 Feb 2025 3,858 SF
7795 Michigan, Detroit, MI 48210-2217 $19,500 Jan 2025 4,098 SF
3260 Jct, Detroit, MI 48210-3204 $70,000 Dec 2024 3,604 SF
8730 Michigan, Detroit, MI 48210-2060 $95,000 May 2024 3,490 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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