Realmo Analytics
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Property summary
This exceptional 16-unit apartment building, located at 1121 Van Dyke St in Detroit, Michigan's West Village, presents a rare investment opportunity. Boasting over 20,000 square feet, the property showcases remarkable historic charm, featuring ornate woodwork, detailed moldings, original fireplaces, and beautifully preserved wood and tile floors. The building's Class B designation reflects its potential for significant upgrades and value enhancement. Currently configured as 16 individual… units, each unit offers substantial character and potential for modernization. The asking price is $3,950,000, translating to $246,875 per unit. Situated in a highly desirable and historic neighborhood, this iconic building offers a unique chance to acquire a significant piece of Detroit's architectural heritage. The property's size and location provide a strong foundation for a variety of investment strategies, from restoring the building to its former glory to creating luxury apartments. This is a truly exceptional opportunity to own a landmark property in a rapidly revitalizing area of Detroit, with significant potential for future appreciation. The property is zoned for multifamily use and is located in Wayne County, zip code 48214. This is a turnkey opportunity for an investor seeking a high-return property in a prime location. The building's substantial square footage and unit count offer significant upside potential.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2020
Value estimate
· Oct 2026Realmo valuation models over county records and 6 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 20,019 SF
- Lot area
- 0.23 ac
- Year built
- 1924
- Stories
- 4
- APN
- 17010314.
- Zoning
- R5
- Assessed value · 2024
- $645,800
- Annual tax · 2020
- $23,163
- Commercial (general) · current use
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
This R5 medium density residential district is designed to provide for a range of residential development from the single family detached dwelling to medium density multiple family dwellings
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- 10 Targeted Leads
- 1 Full Property Report
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
-
Zoning Insight— not in this plan -
Location Analytics— not in this plan
- 300 Targeted Leads a month
- 30 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
-
Location Analytics— not in this plan
- 1,500 Targeted Leads a month
- 150 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
- Location Analytics
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