Financial
Distress signals
Property profile

18932 Woodward Ave Detroit, MI 48203

OFF-MARKET
Retail space
Property ID
US43-0376616
4,309 SF 0.11 ac lot Built 1953
Last sale Jun 2024 · $125,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 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

A street-accessible first-floor retail space within the Sydney Bogg Candy factory building, configured for retail use with approximately 1,000 sq. ft. on the ground level. The property is located at 18932 Woodward Ave in Detroit, situated on Woodward Avenue just south of 7 Mile Road in the Palmer Park neighborhood, providing frontage along Woodward Avenue. The space has been renovated and is laid out to support customer-facing retail operations within the existing factory building.

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?
$3k
Tax billed · 2020
Assessed value · 2024$72k
Effective rate4.29%

Value estimate

· Sep 2026
$125k
$113k – $138k
AI approach$125k

Realmo valuation models over county records and 16 qualifying comparable sales.

Recently sold

What actually traded nearby?
$69/SF
Submarket average, outlier-cleaned · 738 recorded sales of this use type
Observed band · Q1–Q3$30 – $113
Qualifying comparables16

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: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency19.6
Law Firm18.6
Hair Salon14.2

Location

18932 Woodward Ave Detroit, MI 48203-1902
County assessor Recorded deeds · 5 transfers 16 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
214 7th Mile, Highland Park, MI 48203-1952 $395,000 Jan 2025 3,240 SF
309 7th Mile, Highland Park, MI 48203-1953 $255,000 May 2024 6,336 SF
1115 7th Mile, Detroit, MI 48203-2101 $28,000 Nov 2023 3,101 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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