A freestanding retail building totaling 10,842 square feet of second-generation space, previously operated as a CVS and configured with existing drive-through infrastructure. The interior layout is oriented to retail and other drive-through-oriented uses. The property is located at the signalized intersection of Grand River and Schaefer Highway in Detroit, with immediate access to I-96. The site includes on-site parking with 50 dedicated spaces for customer and employee use.

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 · 2020

What does the county charge?

$34k

Tax billed · 2020

Assessed value · 2024$427k

Effective rate7.88%

Value estimate

· Nov 2026

$1.75M

$1.57M – $1.92M

CAP approach$1.48M

Submarket $/SF estimate$1.42M

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?

$69/SF

ZIP average, outlier-cleaned · 55 recorded sales of this use type

Observed band · Q1–Q3$22 – $131

Qualifying comparables10

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?

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 agency51.4

Law Firm35.4

Restaurant33.2

13580 Grand Riv Ave Detroit, MI 48227-3522

County assessor Recorded deeds · 3 transfers 10 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

Address Sale price Sold Size

13030 Puritan, Detroit, MI 48227-4022 $80,000 Apr 2025 4,144 SF

14726 Puritan, Detroit, MI 48227-2938 $18,000 Apr 2025 3,600 SF

17617 Grand Riv, Detroit, MI 48227-1476 $850,000 Feb 2025 7,355 SF

14854 Grand Riv, Detroit, MI 48227-2544 $35,000 Nov 2024 4,620 SF

15900 Puritan, Detroit, MI 48227-1969 $140,000 Nov 2024 9,278 SF

16151 Schoolcraft, Detroit, MI 48227-1736 $25,000 Aug 2024 3,864 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

Value Estimation
$1,010,000

11,224 SF

15531 Grand Riv Ave

RETAIL STORES (PERSONAL SERVICES)

15531 Grand Riv Ave, Detroit, MI 48227-2222

View Details
Value Estimation
$735,000

15,400 SF

13401 Lyndon St

RETAIL STORES (PERSONAL SERVICES)

13401 Lyndon St, Detroit, MI 48227-3670

View Details
Value Estimation
$445,000

5,805 SF

15040 Schaefer Hwy

RETAIL STORES (PERSONAL SERVICES)

15040 Schaefer Hwy, Detroit, MI 48227-3642

View Details
Value Estimation
$190,000

3,240 SF

13126 Plymouth Rd

RETAIL STORES (PERSONAL SERVICES)

13126 Plymouth Rd, Detroit, MI 48227-3712

View Details
Value Estimation by Request
2,898 SF

15000 Fenkell St

RETAIL STORES (PERSONAL SERVICES)

15000 Fenkell St, Detroit, MI 48227-2648

View Details
Value Estimation
$150,000

2,440 SF

15400 Schaefer Hwy

RETAIL STORES (PERSONAL SERVICES)

15400 Schaefer Hwy, Detroit, MI 48227-3340

View Details

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