Property profile

8055 Woodward Ave Detroit, MI 48202

OFF-MARKET
Retail space
Saved · see the list in your Dashboard
Property ID
US43-1194403
6,122 SF 0.19 ac Built 1926
Last sale Apr 2024·$600,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. 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?
$11k
Tax billed · 2020
Assessed value · 2024$397k
Effective rate2.73%

Value estimate

· Nov 2026
$600k
$540k – $660k
AI approach$600k
Submarket $/SF estimate$694k

Realmo valuation models over county records and 6 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 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: Convenience Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Convenience Store10.1
Auto Parts Store9.6
Kitchen & Bath9.6

Location

8055 Woodward Ave Detroit, MI 48202-2527
County assessor Recorded deeds · 3 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
160 Hazelwood, Detroit, MI 48202-1714 $90,000 Oct 2024 4,148 SF
7451 Woodward, Detroit, MI 48202-3119 $2,900,000 Jan 2024 11,030 SF
671 Bethune, Detroit, MI 48202-2841 $12,500 Nov 2020 4,186 SF
2929 Grand, Detroit, MI 48202-3131 $725,000 Sep 2019 5,118 SF
9053 Woodward, Detroit, MI 48202-1822 $290,000 Mar 2019 5,604 SF
6070 Woodward, Detroit, MI 48202-3518 $900,000 Jan 2019 6,250 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

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