Financial
Distress signals
Property profile

1721 Springwells St Detroit, MI 48209

OFF-MARKET
Commercial real estate
Property ID
US43-2177053
0.33 ac lot
Last sale May 2012 · $65,000
Individually Owned Owner of record is an individual. 14-yr Hold Held for 14 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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?
$450
Tax billed · 2020

Value estimate

· Sep 2026
$50k
$45k – $55k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$91/SF
Submarket average, outlier-cleaned · 293 recorded sales of this use type
Observed band · Q1–Q3$34 – $170

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 agency19.0
Law Firm17.2
HVAC Service12.0

Location

1721 Springwells St Detroit, MI 48209-1856
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2619 Central, Detroit, MI 48209-1199 $20,000 Jan 2023 2,154 SF
6718 Regular, Detroit, MI 48209-2252 $400,000 Oct 2022 3,816 SF
760 Campbell, Detroit, MI 48209-3150 $615,000 May 2022 49,243 SF
1145 Jct, Detroit, MI 48209-2464 $240,000 Jan 2021 N/A
7025 Vernor, Detroit, MI 48209-1552 $90,000 Jun 2020 2,391 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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