Financial
Distress signals
Property profile

12002 Martindale St Detroit, MI 48204

OFF-MARKET
Retail space
Property ID
US43-1269083
2,357 SF 0.12 ac lot Built 1925
Last sale Mar 2026 · $35,000
Individually Owned Owner of record is an individual. 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?
$2k
Tax billed · 2020
Assessed value · 2024$43k
Effective rate4.66%

Value estimate

· Sep 2026
$155k
$140k – $171k

Realmo valuation models over county records and 15 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 comparables15

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 agency30.6
Law Firm28.7
Dental Office26.9

Location

12002 Martindale St Detroit, MI 48204-1524
County assessor Recorded deeds · 2 transfers 15 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
10520 Chicago, Detroit, MI 48204-2663 $9,000 Mar 2025 1,500 SF
8870 Petoskey, Detroit, MI 48204-5603 $75,000 Jul 2024 3,024 SF
11191 Grand Riv, Detroit, MI 48204-1806 $59,200 Jan 2024 2,422 SF
7335 Grand Riv, Detroit, MI 48204-2209 $900,000 Apr 2023 2,400 SF
8333 Chicago, Detroit, MI 48204-2752 $30,000 Mar 2023 3,040 SF
4233 Joy, Detroit, MI 48204-2416 $45,000 Sep 2022 3,140 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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