Financial
Distress signals
Property profile

8941 Wyoming St Detroit, MI 48204

OFF-MARKET
Retail space
Property ID
US43-4650576
4,826 SF 0.34 ac lot Built 2006
Last sale Mar 2021 · $215,000
Individually Owned Owner of record is an individual. 3-yr Hold Held for 3 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

A free-standing auto service and retail/general service building constructed in 2006, featuring an open-plan interior with high ceilings. The property is configured to accommodate service-oriented activity and is associated with B2 zoning. It is located at the intersection of three corner major streets and includes ample front parking to support customer and vehicle access. The B2 zoning description indicates support for uses such as a gas station with retail/general service, welding, machinery, and similar service and automotive/light industrial retail applications.

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$86k
Effective rate7.99%

Value estimate

· Sep 2026
$285k
$257k – $314k

Realmo valuation models over county records and 11 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 comparables11

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?
B2
The B2 local business and residential district provides for the day to day consumer goods and services required to serve a small resident...
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 agency30.8
Law Firm28.8
Dental Office22.5

Location

8941 Wyoming St Detroit, MI 48204-2717
County assessor Recorded deeds · 7 transfers 11 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
9928 Wyoming, Detroit, MI 48204-2519 $931,000 May 2025 4,680 SF
9247 Grand Riv, Detroit, MI 48204-2248 $50,000 Jan 2025 4,968 SF
9040 Mackinaw, Detroit, MI 48204-2370 $9,200 Aug 2024 4,968 SF
10909 Grand Riv, Detroit, MI 48204-2054 $50,000 Aug 2024 4,042 SF
8144 Grand Riv, Detroit, MI 48204-2230 $105,000 Jun 2024 5,350 SF
8528 Tireman, Detroit, MI 48204-3242 $625,000 Jan 2024 5,335 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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