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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
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026Realmo valuation models over county records and 7 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 · 18 properties nearbyComparable nearby
Similar Nearby for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/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
- Selected cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/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
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that 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.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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