Realmo Analytics

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Property profile

1350 Division St Detroit, MI 48207

OFF-MARKET
Other warehouses
Property ID
US43-1743759
15,200 SF 0.17 ac lot Built 1926
Last sale Apr 2026 · $1,100,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

1350 Division is a two-story brick building constructed in 1926, located in the Eastern Market area near Russell Street. The property is approximately 15,200 square feet and is suitable for mixed-use redevelopment, with potential for up to four ground-floor retail spaces and four to eight second-floor residential units or creative office suites. It is situated within an Opportunity Zone and includes secure on-site parking. The area is characterized by nearby Eastern Market businesses and…

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 · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value · 2024$128k
Effective rate4.22%

Value estimate

· Nov 2026
$290k
$261k – $319k

Realmo valuation models over county records and 5 qualifying comparable sales.

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
Qualifying comparables5

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?
B6
The B6 general services district provides for wholesaling, transport, food services and similar activities essential to the commerce and ...
General categoryUNKNOWN
JurisdictionWAYNE

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply33.3
Auto Repair Shop28.6
Auto Parts Store27.2

Location

1350 Division St Detroit, MI 48207-2604
County assessor Recorded deeds · 2 transfers 5 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
4840 Mt Elliott, Detroit, MI 48207-1341 $375,000 Nov 2024 13,366 SF
4844 Bellevue, Detroit, MI 48207-1302 $16,330 Aug 2024 14,175 SF
4732 Bellevue, Detroit, MI 48207-1302 $100,000 Jan 2024 12,215 SF
2240 Bellevue, Detroit, MI 48207-3639 $395,000 Jul 2023 14,567 SF
3250 Bellevue, Detroit, MI 48207-2537 $710,000 Apr 2022 17,846 SF
2400 Bellevue, Detroit, MI 48207-3535 $200,000 Dec 2021 14,003 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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