Financial
Distress signals
Property profile

16244 Mcnichols Rd Detroit, MI 48235

OFF-MARKET
Retail space
Property ID
US43-1351129
3,142 SF 0.11 ac lot Built 1946
Last sale Oct 2024 · $68,000
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 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

The property at 16244 W McNichols Rd is a single-level, high-visibility commercial building with a wide-open interior layout intended to support flexible tenant uses. It features a newer roof and a solid structural foundation. The building is located near and provides direct access to the Southfield Freeway and has road frontage along McNichols Rd, which supports prominent signage. The interior configuration is adaptable and open, making it suitable for retail, office, medical, service, studio, or storage applications.

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.

Mortgages

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 · 2020

What does the county charge?
$3k
Tax billed · 2020
Assessed value · 2024$57k
Effective rate4.64%

Value estimate

· Sep 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

What actually traded nearby?
$60/SF
ZIP average, outlier-cleaned · 52 recorded sales of this use type
Observed band · Q1–Q3$28 – $85
Qualifying comparables5

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?
B2
The B2 local business and residential district provides for the day to day consumer goods and services required to serve a small resident...
General categoryCOMMERCIAL
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 Firm25.9
Realty agency22.0
Building Supply17.7

Location

16244 Mcnichols Rd Detroit, MI 48235-3512
County assessor Recorded deeds · 1 transfer 5 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
15320 Mcnichols, Detroit, MI 48235-3722 $55,000 Mar 2025 3,688 SF
12800 Mcnichols, Detroit, MI 48235-4101 $825,000 Mar 2025 3,096 SF
14241 Mcnichols, Detroit, MI 48235-3913 $250,000 Feb 2025 3,000 SF
13144 7th Mile, Detroit, MI 48235-1337 $375,000 Jan 2025 3,600 SF
13040 7th Mile, Detroit, MI 48235-1335 $76,000 Oct 2024 3,000 SF
16435 Mcnichols, Detroit, MI 48235-3355 $760,000 Jun 2024 3,488 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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