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Financial
Distress signals
Property profile

15100 2Nd Ave Highland Park, MI 48203

FOR SALE
Office buildings
Property ID
US43-4967335
31,213 SF 0.9 ac lot Built 1966
Last sale Apr 2009 · $205,643
Entity Owned Owner of record is a legal entity (LLC / corporation). 17-yr Hold Held for 17 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 exceptional industrial property, located at 15100 2nd Avenue in Highland Park, Michigan, presents a unique investment opportunity. The 31,228-square-foot warehouse boasts versatile space, including 6,000 square feet of cooler space, 6,000 square feet of freezer space, and 3,500 square feet of cool area, in addition to 15,713 square feet of standard warehouse space. The building features a ceiling height ranging from 10 to 22 feet, providing ample vertical storage capacity. Loading is…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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.

Debts

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?
$9k
Tax billed · 2023
Assessed value · 2024$106k
Effective rate8.63%

Value estimate

· Oct 2026
$200k
$180k – $220k
Submarket $/SF estimate$793k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$62/SF
Submarket average, outlier-cleaned · 206 recorded sales of this use type
Observed band · Q1–Q3$25 – $102
Qualifying comparables4

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

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: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm21.4
Realty agency20.5
Dental Office18.7

Location

15100 2Nd Ave Highland Park, MI 48203
County assessor Recorded deeds · 3 transfers 4 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 · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
531 7th Mile, Detroit, MI 48203-2023 $99,000 Aug 2024 16,872 SF
17137 Riopelle, Detroit, MI 48203-2435 $68,000 Apr 2024 6,848 SF
714 Mcnichols, Detroit, MI 48203-2764 $74,576 Feb 2023 9,890 SF
310 7th Mile, Highland Park, MI 48203-1954 $337,000 Jun 2021 7,175 SF
18734 Woodward, Detroit, MI 48203-1965 $83,500 Sep 2020 5,568 SF
50 Mcnichols, Detroit, MI 48203-2812 $50,000 Aug 2019 10,080 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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