Property profile

13297 Mcnichols Rd Detroit, MI 48205

OFF-MARKET
Office buildings
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Property ID
US43-1232261
12,038 SF 0.47 ac Built 1950
Last sale Jun 1995·$175,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 29-yr Hold Held for 29 years. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

A 12,038-square-foot building that was previously used as the Eastside Service Center for Detroit Water. The space has been maintained and is configured to support multiple uses, including continued office use, retail, or event-space activities. The property includes existing furniture, fixtures, and equipment (FFE) that may be retained.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

No data for this section
What does the county charge?

No tax or assessment record is on file for this parcel in the county feed.

Value estimate

· Nov 2026
$250k
$225k – $275k
Submarket $/SF estimate$742k

Realmo valuation models over county records and 15 qualifying comparable sales.

Recently sold

What actually traded nearby?
$62/SF
Submarket average, outlier-cleaned · 206 recorded sales of this use type
Observed band · Q1–Q3$25 – $102
Qualifying comparables15

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 agency28.7
Law Firm25.8
Dental Office20.3

Location

13297 Mcnichols Rd Detroit, MI 48205-3419
County assessor · not on file Recorded deeds · not on file 15 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
17020 8th Mile, Detroit, MI 48205-1543 $1,280,000 Sep 2024 5,480 SF
12411 7th Mile, Detroit, MI 48205-2154 $340,000 May 2024 18,076 SF
13410 7th Mile, Detroit, MI 48205-2254 $16,500 Aug 2022 1,054 SF
15200 Faircrest, Detroit, MI 48205-2918 $134,200 Mar 2021 2,832 SF
14884 7th Mile, Detroit, MI 48205-2451 $150,000 Mar 2021 8,312 SF
20131 Mohican, Detroit, MI 48205 $175,000 Aug 2019 9,600 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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Includes: Price & PSF · Cap rate · Location · Zoning

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