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Financial
Distress signals
Property profile

5844 Mt Elliott St Detroit, MI 48211

OFF-MARKET
Turn key restaurants
Property ID
US43-4950790
2,880 SF 0.73 ac lot Built 1965
Last sale Jan 2019 · $185,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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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?
$4k
Tax billed · 2020
Assessed value · 2024$68k
Effective rate5.29%

Value estimate

· Oct 2026
$255k
$230k – $281k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$91/SF
Submarket average, outlier-cleaned · 147 recorded sales of this use type
Observed band · Q1–Q3$50 – $147
Qualifying comparables7

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?
M4
The M4 intensive industrial district permits objectionable industrial uses, restricts new residential construction except for loft conver...
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 agency24.4
Law Firm18.7
Dental Office17.8

Location

5844 Mt Elliott St Detroit, MI 48211-3140
County assessor Recorded deeds · 6 transfers 7 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
5103 Grandy, Detroit, MI 48211-2813 $75,000 Sep 2024 2,332 SF
8501 Mt Elliott, Detroit, MI 48211-1719 $7,000 Jul 2024 2,430 SF
7824 Mt Elliott, Detroit, MI 48211-1853 $42,000 Oct 2023 3,344 SF
5038 Mcdougall, Detroit, MI 48211-2932 $40,000 Sep 2023 2,535 SF
9692 Russell, Detroit, MI 48211-1031 $50,000 Jan 2023 3,479 SF
5747 Chene, Detroit, MI 48211-2750 $14,000 Feb 2022 2,432 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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