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Financial
Distress signals
Property profile

10575 Morang Dr Detroit, MI 48224

OFF-MARKET
Medical Office Space
Property ID
US43-1116225
2,826 SF 0.15 ac lot Built 1955
Last sale Jan 2025 · $15,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 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 multi-tenant medical/professional office building with 2,747 square feet of interior space is located on the Morang corridor. The building includes a storefront front designed for customer-facing use, and it is served by a dedicated rear parking lot. It has historically been used for chiropractic and podiatry services and contains multiple exam rooms along with waiting areas suitable for patient intake. The property is situated in Area 05055 and is positioned within minutes of Grosse Pointe and I-94.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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.

Debts

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?
$4k
Tax billed · 2020
Assessed value · 2024$81k
Effective rate5.10%

Value estimate

· Oct 2026
$150k
$135k – $165k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$63/SF
Submarket average, outlier-cleaned · 78 recorded sales of this use type
Observed band · Q1–Q3$41 – $95
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?
R2
The R2 two family residential district supports single and two family dwellings, fostering a family oriented environment with conditional...
General categoryRESIDENTIAL
JurisdictionWAYNE

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm37.0
Realty agency30.9
Dental Office21.1

Location

10575 Morang Dr Detroit, MI 48224-1880
County assessor Recorded deeds · 1 transfer 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
17401 Mack, Detroit, MI 48224-1437 $189,000 Jun 2024 2,490 SF
6200 Cadieux, Detroit, MI 48224-3812 $1,000,000 Feb 2024 1,960 SF
11532 Morang, Detroit, MI 48224-1721 $90,000 Jul 2022 4,618 SF
9901 Whittier, Detroit, MI 48224-1800 $11,000 May 2022 1,551 SF
18525 Moross, Detroit, MI 48224-1019 $150,000 Apr 2020 3,362 SF
4900 Cadieux, Detroit, MI 48224-2273 $145,000 May 2019 2,270 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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