Property summary
This exceptional 1,200 square foot retail property presents a unique investment opportunity in Detroit's vibrant Ravendale neighborhood. Located at 12555 Harper Avenue, this versatile space is zoned B4 and ideally suited for a variety of uses, including a bar, convenience store, or storefront. The property boasts a convenient location, just half a mile from I-94 and within a mile of Chandler Park, placing it within a thriving commercial corridor anchored by numerous other small businesses. … The 1,956 square foot lot provides ample space for outdoor activities or expansion. The asking price is $18,000, translating to $15 per square foot. This represents a compelling entry point for entrepreneurs seeking a well-situated space in a strong residential community. The property's proximity to major roadways and a park enhances its appeal and potential for success. All measurements are approximate. This is an excellent chance to establish a thriving business in a desirable Detroit location. The property's versatility and prime location make it an attractive investment for those seeking a high-return opportunity in a growing market. The B4 zoning provides flexibility for a range of business ventures. Don't miss this chance to own a piece of Detroit's revitalized Ravendale district.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with a plan.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Nov 2026Realmo valuation models over county records and 13 qualifying comparable sales.
Recently sold
Cap rate analysis
Price anchors at 6 / 6.5 / 7% — in the full report.
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 · 15 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 1,200 SF
- Lot area
- 0.04 ac
- Year built
- 1948
- Stories
- 1
- APN
- 21004241.
- Zoning
- B4
- Estimated market rent / SF
- Potential gross income
- Vacancy allowance
- Effective gross income
- Benchmark operating expenses
- Stabilized NOI
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
The B4 general business district provides for business and commercial uses of a thoroughfare oriented nature
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.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with a plan - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
The mortgage data comes with a plan: 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.
Rey answers here. ChatGPT, Grok and Claude get the same data packet.
Includes: Price & PSF · Cap rate · Location · Zoning
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- 10 Targeted Leads
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- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
- Location Analytics
- 300 Targeted Leads a month
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- Lead Lists by Intent
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- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
- Location Analytics
- 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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