Property profile

18036 Schoenherr St Detroit, MI 48205

FOR SALE
Commercial real estate
Saved · see the list in your Dashboard
Property ID
US43-0726808
16,466 SF 0.3 ac Built 1938
Last sale Dec 2021·$80,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

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?
$996
Tax billed · 2020
Assessed value · 2024$190k
Effective rate0.53%

Value estimate

· Nov 2026
$95k
$86k – $105k
NOI build-up
Gross scheduled income$344k
Vacancy & credit loss−$22k
Operating expenses−$145k
NOI · 5.90% cap applied$177k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$91/SF
Submarket average, outlier-cleaned · 293 recorded sales of this use type
Observed band · Q1–Q3$34 – $170
Qualifying comparables5

Cap rate analysis

How does the asset earn?
5.90%
$177k estimated NOI · market benchmarks for this use type

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

Zoning insight

What can be built here?
R3
No. 11-05, § 1(61-7-1), eff. 5-28-2005) Sec. 50-7-2. - Residential Districts. Residential districts within the City are as follows: (1) R...
General categoryRESIDENTIAL
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 agency26.9
Law Firm23.5
Dental Office19.1

Location

18036 Schoenherr St Detroit, MI 48205
County assessor Recorded deeds · 9 transfers 5 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
12311 Gratiot, Detroit, MI 48205-3921 $14,000 Apr 2025 3,148 SF
13642 7th Mile, Detroit, MI 48205-2258 $530,000 Nov 2022 4,000 SF
13650 7th Mile, Detroit, MI 48205-2258 $530,000 Nov 2022 3,500 SF
13634 7th Mile, Detroit, MI 48205-2258 $530,000 Nov 2022 3,380 SF
14486 Gratiot, Detroit, MI 48205-2308 $350,000 Feb 2022 12,818 SF
17131 Gitre, Detroit, MI 48205-3161 $210,000 Jan 2021 10,083 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

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
Why this one?
Saved