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Financial
Distress signals
Property profile

16900 W Warren Ave Detroit, MI 48228

FOR SALE
Medical Office Space
Property ID
US43-0352333
4,819 SF 0.45 ac lot Built 1941
Last sale Jan 2019
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 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 is an approximately 5,000-square-foot retail building situated on a large fenced-in lot. The site includes on-site parking and a secured perimeter created by the fenced lot. The building has undergone comprehensive updates, including improvements to the windows, roof, parking lot, plumbing, and electrical systems. The property is located in a busy area of Warrendale, with an enclosed outdoor space in addition to the refurbished retail structure.

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?
$5k
Tax billed · 2020
Assessed value · 2024$158k
Effective rate2.98%

Value estimate

· Oct 2026
$260k
$234k – $286k

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$63/SF
Submarket average, outlier-cleaned · 78 recorded sales of this use type
Observed band · Q1–Q3$41 – $95
Qualifying comparables11

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 agency27.7
Law Firm19.3
Dental Office15.9

Location

16900 W Warren Ave Detroit, MI 48228
County assessor Recorded deeds · 2 transfers 11 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
15841 Warren, Detroit, MI 48228-3737 $190,000 Feb 2025 2,678 SF
20400 Warren, Detroit, MI 48228-3242 $200,000 Dec 2024 2,552 SF
20544 Warren, Detroit, MI 48228-3243 $200,000 May 2024 4,286 SF
16551 Warren, Detroit, MI 48228-3706 $90,000 Apr 2024 1,988 SF
19642 Warren, Detroit, MI 48228-3246 $41,000 Jan 2023 600 SF
16000 Warren, Detroit, MI 48228-3740 $191,000 Apr 2022 1,870 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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