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Financial
Distress signals
Property profile

11869 Mt Elliott St Hamtramck, MI 48212

OFF-MARKET
Warehouses
Property ID
US43-1629334
3,000 SF 0.07 ac lot Built 1953
Last sale May 2025 · $70,000
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 exceptional 3,000 square foot industrial warehouse, located at 11869 Mt. Elliott St in Hamtramck, Michigan, presents a unique investment opportunity. Priced at $89,000 ($29.67 per square foot), this Class C property sits on a 0.06-acre lot and boasts a newly installed roof. Built in 1953, the building features convenient vehicle access and a loading area at the rear, complete with a garage door access point. The property is zoned M-2 (Heavy Industrial) and importantly, is approved for…

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 · 2023

What does the county charge?
$2k
Tax billed · 2023
Assessed value · 2024$16k
Effective rate12.12%

Value estimate

· Oct 2026
$220k
$198k – $242k

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$31/SF
ZIP average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$18 – $43
Qualifying comparables9

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?
M2
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 agency33.2
Law Firm27.3
Dental Office24.6

Location

11869 Mt Elliott St Hamtramck, MI 48212-2533
County assessor Recorded deeds · 5 transfers 9 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
6724 Davison, Hamtramck, MI 48212-1910 $450,000 Dec 2024 3,200 SF
7127 Davison, Hamtramck, MI 48212-1924 $20,000 Aug 2024 3,200 SF
2418 Carpenter, Hamtramck, MI 48212-2605 $82,500 May 2024 2,466 SF
17695 Filer, Hamtramck, MI 48212-1405 $48,000 Mar 2024 3,200 SF
17236 Mt Elliott, Detroit, MI 48212-1361 $85,000 Feb 2024 3,270 SF
6870 Davison, Detroit, MI 48212-1928 $65,000 Feb 2023 3,326 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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