Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

12336 Morang Dr Detroit, MI 48224

FOR LEASE
Retail space
Property ID
US43-1505797
4,125 SF 0.48 ac lot Built 1969
Last sale May 2019 · $110,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This large commercial building was historically operated as a bank and includes a vault, private offices, an open lobby area, and drive-through lanes that support vehicle-based customer flow. The property has an on-site parking lot with approximately 40 spaces. It is zoned for flexible commercial uses and the interior configuration is suitable for office and service-style applications, with the drive-through lane layout providing an alternative to a walk-in-only setup.

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?
$9k
Tax billed · 2020
Assessed value · 2024$93k
Effective rate9.39%

Value estimate

· Nov 2026
$130k
$117k – $143k

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

Recently sold

What actually traded nearby?
$37/SF
ZIP average, outlier-cleaned · 48 recorded sales of this use type
Observed band · Q1–Q3$19 – $58
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?
B4
The B4 general business district provides for business and commercial uses of a thoroughfare oriented nature
General categoryCOMMERCIAL
JurisdictionWAYNE

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm23.3
Realty agency22.8
Skin Care Clinic12.6

Location

12336 Morang Dr Detroit, MI 48224
County assessor Recorded deeds · 4 transfers 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
17201 Mack, Detroit, MI 48224-2248 $215,000 May 2025 3,541 SF
11141 Whittier, Detroit, MI 48224-1602 $3,733 Dec 2024 3,707 SF
16215 Warren, Detroit, MI 48224-3266 $45,000 Oct 2024 3,736 SF
11444 Whittier, Detroit, MI 48224-1536 $17,000 Jul 2024 4,207 SF
17305 Harper, Detroit, MI 48224-1963 $95,000 Jul 2024 3,947 SF
17238 Warren, Detroit, MI 48224-2291 $125,000 Jun 2024 3,640 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
Research This Page with AI

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

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

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