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Property profile

14750 Fort St Southgate, MI 48195

FOR LEASE
Retail space
Property ID
US43-0378060
4,000 SF 0.28 ac lot Built 1972
Last sale Feb 2019 · $275,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A 4,000-square-foot retail space configured for street-facing commercial use and previously operated as a smoke shop. The interior features custom artistic epoxy flooring and painted surfaces throughout. The property includes a digital pylon sign and dedicated on-site parking. It is located on the west side of Fort Street, just north of Eureka Road, providing frontage on a heavily traveled thoroughfare with reported traffic counts exceeding 37,000 vehicles per day. The surrounding area includes…

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?
$12k
Tax billed · 2023
Assessed value · 2024$171k
Effective rate7.13%

Value estimate

· Oct 2026
$260k
$234k – $286k
NOI build-up
Gross scheduled income$58k
Vacancy & credit loss−$3k
Operating expenses−$16k
NOI · 252,673.33% cap applied$38k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$76/SF
County average, outlier-cleaned · 1022 recorded sales of this use type
Observed band · Q1–Q3$35 – $124
Qualifying comparables7

Cap rate analysis

How does the asset earn?
252,673.33%
$38k 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?
C-2 GEN BUS
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 agency26.0
Law Firm25.8
Electrical Service14.0

Location

14750 Fort St Southgate, MI 48195
County assessor Recorded deeds · 3 transfers 7 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
13672 Ft, Southgate, MI 48195-1152 $325,000 Mar 2025 4,945 SF
18618 Eureka, Southgate, MI 48195-2925 $460,000 Sep 2024 4,800 SF
12554 Ft, Southgate, MI 48195-1052 $333,500 Sep 2024 4,000 SF
14052 Ft, Southgate, MI 48195-1268 $150,000 Jul 2024 3,400 SF
14222 Ft, Southgate, MI 48195-1270 $40,000 Sep 2022 2,887 SF
12354 Ft, Southgate, MI 48195-1008 $30,000 Jan 2021 4,769 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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