Financial
Distress signals
Property profile

13507 Auburn St Detroit, MI 48223

FOR SALE
Warehouses
Property ID
US43-4276374
6,688 SF 1.26 ac lot Built 1948
Last sale Nov 2016 · $62,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
13507 Auburn St, Detroit, MI 48223 For Sale
$850,000 6,688 SF
13507 Auburn St, Detroit, MI 48223
View Listing

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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 · 2023

What does the county charge?
$13k
Tax billed · 2023
Assessed value · 2024$87k
Effective rate15.04%

Value estimate

· Sep 2026
$510k
$459k – $561k
NOI build-up
Gross scheduled income$84k
Vacancy & credit loss−$7k
Operating expenses−$27k
NOI · 5.93% cap applied$50k

Realmo valuation models over county records and 6 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 comparables6

Cap rate analysis

How does the asset earn?
5.93%
$50k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

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 agency35.3
Dental Office26.4
Spa & Massage21.7

Location

13507 Auburn St Detroit, MI 48223
County assessor Recorded deeds · 7 transfers 6 qualifying comp sales Zoning catalog · not on file

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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
20745 Glendale, Detroit, MI 48223-3328 $25,000 Aug 2024 6,791 SF
12871 Westwood, Detroit, MI 48223-3435 $295,000 Oct 2023 8,937 SF
19431 Davison, Detroit, MI 48223-3419 $290,000 Sep 2023 5,537 SF
12891 Artesian, Detroit, MI 48223-3402 $80,000 Sep 2022 6,420 SF
14867 Dl, Detroit, MI 48223-1861 $510,000 Oct 2021 6,120 SF
19500 Davison, Detroit, MI 48223-3422 $85,000 Oct 2019 6,846 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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