Financial
Distress signals
Property profile

10441 Lyndon St Detroit, MI 48238

FOR SALE
Auto shops
Property ID
US43-1690221
5,843 SF 2.24 ac lot Built 1960
Last sale Jan 2024 · $204,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
10441 Lyndon St, Detroit, MI 48238 For Sale
$1,300,000 5,843 SF
10441 Lyndon St, Detroit, MI 48238
View Listing

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?
$13k
Tax billed · 2020
Assessed value · 2024$111k
Effective rate11.36%

Value estimate

· Sep 2026
$285k
$257k – $314k
NOI build-up
Gross scheduled income$72k
Vacancy & credit loss−$6k
Operating expenses−$23k
NOI · 3.31% cap applied$43k

Realmo valuation models over county records and 5 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 comparables5

Cap rate analysis

How does the asset earn?
3.31%
$43k 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?
M4
The M4 intensive industrial district permits objectionable industrial uses, restricts new residential construction except for loft conver...
General categoryINDUSTRIAL
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 agency59.3
Dental Office42.8
Law Firm41.1

Location

10441 Lyndon St Detroit, MI 48238
County assessor Recorded deeds · 8 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
14301 Linwood, Detroit, MI 48238-2837 $10,100 Nov 2024 7,882 SF
14603 Wyoming, Detroit, MI 48238-1730 $12,500 Oct 2022 8,857 SF
15733 Wyoming, Detroit, MI 48238-1134 $170,000 Apr 2022 6,537 SF
8740 Lyndon, Detroit, MI 48238-2302 $265,000 Apr 2021 9,213 SF
10022 Puritan, Detroit, MI 48238-1034 $15,000 May 2019 4,620 SF
8620 Lyndon, Detroit, MI 48238-2358 $35,000 Apr 2019 4,932 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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