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Property profile & analytics
FOR SALE
Commercial real estate
13043 Puritan St Detroit, MI 48227
Individually Owned
Free & Clear
Property ID
US43-1117495
For Sale
1 / 19
Contact for pricing
13043 Puritan St, Detroit, MI 48227
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1946
Total area
480 SF
Lot
0.04 ac (1,742 SF)
Zoning code
B2
APN
22011969.
UPID
US43-1117495
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Javon Leverett
Javon Leverett
since 2026
7 recorded transactions
Zoning & alternative use
B2 · Detroit, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
ity Residential District. (Code 1984, § 61-7-2; Ord. No. 11-05, § 1(61-7-2), 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) B4 General Business District. (5) B5 Major Business District. (6)…
Zone name
Local Business And Residential District
General category
COMMERCIAL
Zone area
552.64 ac
Source
code of ordinances
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Detroit submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Detroit submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2020Property tax & assessments
Tax year 2020
Tax billed
$162
Tax year 2020
Assessed value
$1,200
Assessed 2024
Previous assessed
$1,100
+9.1% YoY
Effective rate
13.50%
On assessed value
Total market value
$2,400
Applied tax rate
82,010.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
For Sale
Year built
1946
Heating
FORCED AIR
Buildings
1
Stories
1
Total area
480 SF
Lot
0.04 ac (1,742 SF)
Zoning code
B2
APN
22011969.
UPID
US43-1117495
Jurisdiction
WAYNE
Metro division
DETROIT-LIVONIA-DEARBORN, MI METROPOLITAN DIVISION
Zoning & alternative use
B2 · Detroit, MIZoning B2 · permitted uses
B2 · Detroit, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
ity Residential District. (Code 1984, § 61-7-2; Ord. No. 11-05, § 1(61-7-2), 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) B4 General Business District. (5) B5 Major Business District. (6) B6 General Services District. (Code 1984, § 61-7-3; Ord. No. 11-05, § 1(61-7-3), e
Zone name
Local Business And Residential District
General category
COMMERCIAL
Zone area
552.64 ac
Source
code of ordinances
Building & site characteristics
From public records
Year built
1946
Heating
FORCED AIR
Stories
1
Buildings
1
Lot
0.04 ac
Current owner
From public records · entity-resolved
Javon Leverett
Individual
Free & Clear · 0 yrs held
Mailing address
17534 W 7TH MILE RD, DETROIT, MI 48235-3045
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 21, 2026
—
Javon Leverett
Mario Humble
Quitclaim Deed
related
—
Apr 30, 2024
—
Javon Leverett
Mario Humble
Land Contract
—
Oct 30, 2023
—
Mario Martell Humble
Sheila Wilcox
Quit Claim Deed
related
—
Nov 15, 2022
—
Shelia Wilcox
Latrina Hall
Quit Claim Deed
related
—
Jun 29, 2021
$2,000
Latrina Hall
Albert Yarber
Quit Claim Deed
related
—
Nov 10, 2015
$900
Albert Yarber
Treasurer Of Charter Cnty/wayne M
Quit Claim Deed
related
—
Sep 15, 2015
—
Treasurer Of Wayne County
Owner Name Unavailable
Tax Deed
related
—
Nov 29, 2010
$500
Donald E Gratrix
Treasurer Of Charter Cnty/wayne M
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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