Property summary
The property is a community retail center located in Detroit’s University District, south of The Avenue of Fashion and near the University of Detroit Mercy (UDM). It is anchored by a multinational healthcare company and contains four retail/commercial suites that can be combined to provide up to 6,480 square feet for an occupant. Building renovations and improvements have been implemented, including updates to building systems, infrastructure, and signage. Parking is supported by an on-site parking lot, with an additional parking lot planned. The University District is bounded to the north by Seven Mile Road, to the south by McNichols Road and the UDM campus, to the east by the Detroit Golf Club and Golf Club Estates, and to the west by Livernois Avenue (noted as a Gallery Row area). Nearby amenities and points of interest include Belden Tot Lot, GESU Community Green and Garden, UDM running track, Northwest Activities Center, Detroit Golf Club, and Palmer Park facilities such as playing fields, tennis courts, and a public golf course, along with cultural venues and libraries including UDM Theatre Company, Detroit Repertory Theater, Baker’s Keyboard Lounge, Sherwood Forest, Lincoln, and Parkman Branch Libraries.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
ity Residential District. (Code 1984, § 61-7-2; Ord. No. 11-05, § 1(61-7-2), eff. 5-28-2005) Sec. 50-7-3. - Business Districts. Business districts within the City are as follows: (1) B1 Restricted Business District. (2)…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2020Property description
Physical attributes from public recordsZoning & alternative use
B2 · Detroit, MIity Residential District. (Code 1984, § 61-7-2; Ord. No. 11-05, § 1(61-7-2), eff. 5-28-2005) Sec. 50-7-3. - Business Districts. Business districts within the City are as follows: (1) B1 Restricted Business District. (2)…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
ity Residential District. (Code 1984, § 61-7-2; Ord. No. 11-05, § 1(61-7-2), eff. 5-28-2005) Sec. 50-7-3. - Business Districts. Business districts within the City are as follows: (1) B1 Restricted Business District. (2)…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for B2 in Detroit, MI.
Registration is required before the official district profile is shown.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.