Financial
Distress signals
Property profile

14201 Wyoming St Detroit, MI 48238

FOR SALE
Auto shops
Property ID
US43-2197686
14,863 SF 1.03 ac lot Built 2002
Last sale Jul 2022
Entity Owned Owner of record is a legal entity (LLC / corporation). 12-yr Hold Held for 12 years. 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

This commercial property is configured to accommodate multiple automotive-related uses, including an auto shop and a coin-operated car wash, along with additional retail or commercial lease space. The auto shop comprises 7,800 square feet and includes six bays, six vehicle lifts, and a Hunter alignment machine. A separate seven-bay coin-operated car wash is also on-site. The remaining 3,900 square feet is designated as vacant space suitable for commercial use, which was previously occupied by a

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 · 2020

What does the county charge?
$16k
Tax billed · 2020
Assessed value · 2024$232k
Effective rate7.02%

Value estimate

· Sep 2026
$400k
$360k – $440k
Sales comparison$584k
NOI build-up
Gross scheduled income$29k
Vacancy & credit loss−$1k
Operating expenses−$8k
NOI · 270.97% cap applied$19k

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

Recently sold

What actually traded nearby?
$61/SF
Submarket average, outlier-cleaned · 279 recorded sales of this use type
Observed band · Q1–Q3$29 – $104
Qualifying comparables5

Cap rate analysis

How does the asset earn?
270.97%
$19k estimated NOI · market benchmarks for this use type

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

Zoning insight

What can be built here?
M3
The M3 general industrial district supports industrial operations while regulating congestion and protecting nearby residential areas, pr...
General categoryINDUSTRIAL
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 agency37.9
Law Firm32.8
Dental Office30.1

Location

14201 Wyoming St Detroit, MI 48238
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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
14301 Linwood, Detroit, MI 48238-2837 $10,100 Nov 2024 7,882 SF
14603 Wyoming, Detroit, MI 48238-1730 $12,500 Oct 2022 8,857 SF
15733 Wyoming, Detroit, MI 48238-1134 $170,000 Apr 2022 6,537 SF
8820 Lyndon, Detroit, MI 48238-2303 $400,000 Feb 2022 12,598 SF
8740 Lyndon, Detroit, MI 48238-2302 $265,000 Apr 2021 9,213 SF
14927 Wyoming, Detroit, MI 48238-1732 $72,000 Jan 2021 13,780 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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