Property profile

11856 Grand Riv Ave Detroit, MI 48204

OFF-MARKET
Retail space
Property ID
US43-1839177
855 SF 0.04 ac lot Built 1922
Entity Owned 9-yr Hold Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1922
Total area 855 SF
Lot 0.04 ac (1,742 SF)
Zoning code B4
APN 16005080.
UPID US43-1839177

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

11856 Grand Riv Ave Detroit, MI 48204-1811
Detroit metro Census 534200 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
$60k

Owner & transaction history

since 2017
2 recorded transactions
2017
Price N/A
2016
Price N/A

Zoning & alternative use

B4 · Detroit, MI
Zoning description

), eff. 5-28-2005) Sec. 50-7-3. - Business Districts. Business districts within the City are as follows: (1) B1 Restricted Business District. (2) B2 Local Business and Residential District. (3) B3 Shopping District. (4)…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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