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Financial
Distress signals
Property profile

19701 Mound Rd Detroit, MI 48234

FOR SALE
Retail space
Property ID
US43-1200430
8,196 SF 0.85 ac lot Built 2002
Last sale Jun 2023 · $40,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 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

The property is a multi-building retail site in Detroit, Michigan, consisting of two structures totaling 8,190 square feet on approximately 0.87 acres, with addresses listed across the assemblage at 19645, 19655, 19665, and 19701 Mound Road. The site includes a 4,500-square-foot single-unit building that is configured as one primary space suitable for one occupant, along with a separate 3,690-square-foot three-unit building divided into three individual suites. The overall layout provides…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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.

Debts

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?
$12k
Tax billed · 2020
Assessed value · 2024$208k
Effective rate5.63%

Value estimate

· Oct 2026
$135k
$122k – $149k
Submarket $/SF estimate$655k
NOI build-up
Gross scheduled income$152k
Vacancy & credit loss−$8k
Operating expenses−$43k
NOI · 33.76% cap applied$101k

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$61/SF
ZIP average, outlier-cleaned · 26 recorded sales of this use type
Observed band · Q1–Q3$25 – $116
Qualifying comparables10

Cap rate analysis

How does the asset earn?
33.76%
$101k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

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 agency30.9
Law Firm27.1
Dental Office24.5

Location

19701 Mound Rd Detroit, MI 48234
County assessor Recorded deeds · 4 transfers 10 qualifying comp sales Zoning catalog · not on file

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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
6650 8th Mile, Detroit, MI 48234-1110 $140,000 Jan 2025 5,375 SF
6640 8th Mile, Detroit, MI 48234-1110 $1,000,000 Sep 2024 4,800 SF
3840 8th Mile, Detroit, MI 48234-1011 $100,000 May 2024 6,562 SF
19800 Van Dyke, Detroit, MI 48234-3354 $125,000 Jan 2024 8,406 SF
20150 Conant, Detroit, MI 48234-1227 $55,000 Dec 2023 3,542 SF
2819 7th Mile, Detroit, MI 48234-1502 $740,000 Aug 2023 10,193 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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