Property profile

17170 Harper Ave Detroit, MI 48224

OFF-MARKET
Drug stores
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Property ID
US43-0968060
12,600 SF 0.48 ac Built 1993
Last sale Oct 2022·$2,550,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

A freestanding retail pharmacy building constructed as a Rite Aid location, configured for long-term single-tenant occupancy and operating under an absolute net lease structure that places responsibilities on the tenant. The property is situated at the intersection of Harper Ave. and Oldtown, just off Cadieux, along a major retail corridor, with Harper Ave. reporting average daily traffic counts exceeding 20,000. The immediate area is characterized by a retail mix that includes national and…

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?
$33k
Tax billed · 2020
Assessed value · 2024$445k
Effective rate7.41%

Value estimate

· Nov 2026
$2.38M
$2.14M – $2.62M
CAP approach$2.39M

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$37/SF
ZIP average, outlier-cleaned · 48 recorded sales of this use type
Observed band · Q1–Q3$19 – $58
Qualifying comparables7

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: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm30.6
Realty agency28.7
Dental Office15.8

Location

17170 Harper Ave Detroit, MI 48224-1955
County assessor Recorded deeds · 2 transfers 7 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
12336 Morang, Detroit, MI 48224-1563 $110,000 Mar 2025 4,125 SF
16621 Warren, Detroit, MI 48224-2744 $600,000 Jan 2025 25,796 SF
11141 Whittier, Detroit, MI 48224-1602 $3,733 Dec 2024 3,707 SF
16215 Warren, Detroit, MI 48224-3266 $45,000 Oct 2024 3,736 SF
11444 Whittier, Detroit, MI 48224-1536 $17,000 Jul 2024 4,207 SF
17305 Harper, Detroit, MI 48224-1963 $95,000 Jul 2024 3,947 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

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

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