Financial
Distress signals
Property profile

15735 Schaefer Hwy Detroit, MI 48227

OFF-MARKET
Auto shops
Property ID
US43-1994442
12,617 SF 0.61 ac lot Built 1969
Last sale Jul 2021 · $450,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a commercially zoned site in Detroit, Michigan (Wayne County) with a lot size of 0.61 acres and a total building/property size of 12,617 square feet. It includes an office space measuring 10 feet by 14 feet, with access to shared kitchen and bathroom/shower facilities. The arrangement provides the tenant with a Detroit mailing address, and utilities are included as part of the leasing setup.

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?
$7k
Tax billed · 2020
Assessed value · 2024$251k
Effective rate2.60%

Value estimate

· Sep 2026
$400k
$360k – $440k

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

Recently sold

What actually traded nearby?
$61/SF
Submarket average, outlier-cleaned · 279 recorded sales of this use type
Observed band · Q1–Q3$29 – $104
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 Firm25.6
Realty agency21.7
Dental Office18.3

Location

15735 Schaefer Hwy Detroit, MI 48227-3341
County assessor Recorded deeds · 5 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
13020 Grand Riv, Detroit, MI 48227-3504 $500,000 Jul 2024 5,920 SF
14296 Meyers, Detroit, MI 48227-3922 $33,000 Dec 2023 4,424 SF
14630 Puritan, Detroit, MI 48227-2937 $175,000 Nov 2023 4,632 SF
14658 Greenfield, Detroit, MI 48227-2245 $144,902 Jul 2023 4,440 SF
13915 Grand Riv, Detroit, MI 48227-3122 $425,000 Nov 2022 4,885 SF
15631 Plymouth, Detroit, MI 48227-1631 $250,000 Mar 2022 8,680 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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