Property profile

14230 Mcnichols Rd Detroit, MI 48235

OFF-MARKET
Assisted living facilities
Property ID
US43-1001545
11,177 SF 1.31 ac lot Built 1955
Entity Owned 15-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1955
Total area 11,177 SF
Lot 1.31 ac (57,064 SF)
Zoning code B2
APN 22014044-5
UPID US43-1001545

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
  • Physician
  • Medical Clinic
  • Medical Clinic

Location

14230 Mcnichols Rd Detroit, MI 48235-3912
Detroit metro Census 539500 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$440k

Owner & transaction history

since 2011
3 recorded transactions
2011
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

B2 · Detroit, MI
Zoning description

ity Residential District. (Code 1984, § 61-7-2; Ord. No. 11-05, § 1(61-7-2), eff. 5-28-2005) Sec. 50-7-3. - Business Districts. Business districts within the City are as follows: (1) B1 Restricted Business District. (2)…

General category COMMERCIAL

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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