Property profile

16210 Schoolcraft St Detroit, MI 48227

OFF-MARKET
Auto shops
Property ID
US43-2030556
1,670 SF 0.2 ac lot Built 1934
Entity Owned 5-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1934
Total area 1,670 SF
Lot 0.2 ac (8,712 SF)
Zoning code B4
APN 22009696-9
UPID US43-2030556

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

16210 Schoolcraft St Detroit, MI 48227-1739
Detroit metro Census 542400 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$70k

Owner & transaction history

since 2021
Last sale
$80,000
3 recorded transactions
2021
$80,000
2019
Price N/A
2019
$60,000

Zoning & alternative use

B4 · Detroit, MI
Zoning description

), eff. 5-28-2005) Sec. 50-7-3. - Business Districts. Business districts within the City are as follows: (1) B1 Restricted Business District. (2) B2 Local Business and Residential District. (3) B3 Shopping District. (4)…

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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