Financial
Distress signals
Property profile

12696 Stout St Detroit, MI 48223

OFF-MARKET
Warehouses
Property ID
US43-1737899
26,472 SF 1.01 ac lot Built 1976
Last sale Aug 2010 · $325,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 16-yr Hold Held for 16 years. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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.

Mortgages

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 · 2023

What does the county charge?
$13k
Tax billed · 2023
Assessed value · 2024$171k
Effective rate7.55%

Value estimate

· Sep 2026
$510k
$459k – $561k
Sales comparison$523k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$32/SF
Submarket average, outlier-cleaned · 187 recorded sales of this use type
Observed band · Q1–Q3$13 – $52

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?
M2
The M2 restricted industrial district is designed for a wide range of industrial and related uses which can function with a minimum of un...
General categoryINDUSTRIAL
JurisdictionWAYNE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency38.2
Building Supply27.7
Restaurant27.2

Location

12696 Stout St Detroit, MI 48223-3345
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file 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 · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
19101 Davison, Detroit, MI 48223-3408 $150,000 Sep 2024 12,112 SF
12735 Auburn, Detroit, MI 48223-3455 $100,000 Aug 2024 13,994 SF
23261 Fenkell, Detroit, MI 48223-1421 $100,000 Dec 2022 10,772 SF
13571 Auburn, Detroit, MI 48223-3414 $125,000 Feb 2022 11,564 SF
20601 Glendale, Detroit, MI 48223-3326 $165,000 Dec 2021 20,604 SF
12801 Auburn, Detroit, MI 48223-3413 $525,000 Jun 2020 31,819 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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