Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

16104 Schoolcraft St Detroit, MI 48227

FOR SALE
Auto shops
Property ID
US43-2573099
1,104 SF 0.09 ac lot Built 1932
Last sale Nov 2023 · $42,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

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?
$2k
Tax billed · 2020
Assessed value · 2024$30k
Effective rate5.10%

Value estimate

· Oct 2026
$75k
$68k – $83k
NOI build-up
Gross scheduled income$15k
Vacancy & credit loss−$1k
Operating expenses−$4k
NOI · 6.14% cap applied$10k

Realmo valuation models over county records and 6 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 comparables6

Cap rate analysis

How does the asset earn?
6.14%
$10k 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?
B4
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 agency22.1
Dental Office16.3
HVAC Service12.9

Location

16104 Schoolcraft St Detroit, MI 48227
County assessor Recorded deeds · 9 transfers 6 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
14646 Fenkell, Detroit, MI 48227-2942 $180,000 Aug 2024 2,138 SF
14640 Puritan, Detroit, MI 48227-2937 $175,000 Nov 2023 1,939 SF
16121 Plymouth, Detroit, MI 48227-1607 $26,000 Aug 2023 1,880 SF
13333 Plymouth, Detroit, MI 48227-3403 $10,000 Aug 2023 600 SF
14010 Fenkell, Detroit, MI 48227-3213 $50,000 Apr 2023 1,571 SF
17675 Grand Riv, Detroit, MI 48227-1476 $70,000 Jul 2021 1,254 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
Why this one?
Saved