Technical
Financial
Distress signals
Property profile

1331 Canfield St Detroit, MI 48207

OFF-MARKET
Commercial real estate
Property ID
US43-1205470
86,903 SF 2.26 ac lot Built 1969
Entity Owned 18-yr Hold Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1969
Total area 86,903 SF
Lot 2.26 ac (98,446 SF)
Zoning code R5
APN 05001824-973
UPID US43-1205470

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Apartment Building Apartment Complex
  • Housing Authority

Location

1331 Canfield St Detroit, MI 48207-4600
Detroit metro Census 518900 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$7.93M
Blend (final) Blend
$7.87M

Owner & transaction history

Zoning & alternative use

R5 · Detroit, MI
Zoning description

dential districts within the City are as follows: (1) R1 Single-Family Residential District. (2) R2 Two-Family Residential District. (3) R3 Low Density Residential District. (4) R4 Thoroughfare Residential District. (5)…

General category RESIDENTIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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