Realmo Analytics

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

Property profile

16151 Schoolcraft St Detroit, MI 48227

OFF-MARKET
Retail space
Property ID
US43-4425323
3,864 SF 0.13 ac lot Built 1970
Last sale Oct 2022 · $25,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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?
$6k
Tax billed · 2020
Assessed value · 2024$115k
Effective rate4.83%

Value estimate

· Nov 2026
$425k
$383k – $468k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$69/SF
ZIP average, outlier-cleaned · 55 recorded sales of this use type
Observed band · Q1–Q3$22 – $131
Qualifying comparables6

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

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 agency22.6
Dental Office16.7
HVAC Service13.0

Location

16151 Schoolcraft St Detroit, MI 48227-1736
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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
13030 Puritan, Detroit, MI 48227-4022 $80,000 Apr 2025 4,144 SF
14726 Puritan, Detroit, MI 48227-2938 $18,000 Apr 2025 3,600 SF
16801 Grand Riv, Detroit, MI 48227-1421 $50,000 Nov 2024 3,280 SF
14854 Grand Riv, Detroit, MI 48227-2544 $35,000 Nov 2024 4,620 SF
15047 Grand Riv, Detroit, MI 48227-2547 $22,500 Oct 2024 3,500 SF
17021 Schoolcraft, Detroit, MI 48227-1345 $925,000 Jul 2024 3,160 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

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