Financial
Distress signals
Property profile

12901 7th Mile Rd Detroit, MI 48205

OFF-MARKET
Commercial real estate
Property ID
US43-1736329
7,040 SF 0.2 ac lot Built 1969
Last sale Jan 2015 · $150,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 11-yr Hold Held for 11 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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 · 2020

What does the county charge?
$5k
Tax billed · 2020
Assessed value · 2024$264k
Effective rate1.96%

Value estimate

· Sep 2026
$140k
$126k – $154k
Submarket $/SF estimate$1.20M

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$91/SF
Submarket average, outlier-cleaned · 293 recorded sales of this use type
Observed band · Q1–Q3$34 – $170
Qualifying comparables11

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?
B4
The B4 general business district provides for business and commercial uses of a thoroughfare oriented nature
General categoryCOMMERCIAL
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 agency22.2
Law Firm20.3
Dental Office16.9

Location

12901 7th Mile Rd Detroit, MI 48205-2282
County assessor Recorded deeds · 3 transfers 11 qualifying comp sales 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
12311 Gratiot, Detroit, MI 48205-3921 $14,000 Apr 2025 3,148 SF
13642 7th Mile, Detroit, MI 48205-2258 $530,000 Nov 2022 4,000 SF
13650 7th Mile, Detroit, MI 48205-2258 $530,000 Nov 2022 3,500 SF
13634 7th Mile, Detroit, MI 48205-2258 $530,000 Nov 2022 3,380 SF
14486 Gratiot, Detroit, MI 48205-2308 $350,000 Feb 2022 12,818 SF
17131 Gitre, Detroit, MI 48205-3161 $210,000 Jan 2021 10,083 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 12901 7th Mile Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message