Financial
Distress signals
Property profile

18424 Joy Rd Detroit, MI 48228

OFF-MARKET
Office buildings
Property ID
US43-1439946
10,944 SF 0.34 ac lot Built 1950
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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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

No data for this section
What does the county charge?

No tax or assessment record is on file for this parcel in the county feed.

Value estimate

· Sep 2026
$330k
$297k – $363k
Submarket $/SF estimate$675k

Realmo valuation models over county records and 12 qualifying comparable sales.

Recently sold

What actually traded nearby?
$62/SF
Submarket average, outlier-cleaned · 206 recorded sales of this use type
Observed band · Q1–Q3$25 – $102
Qualifying comparables12

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 agency24.6
Law Firm21.0
Building Supply14.5

Location

18424 Joy Rd Detroit, MI 48228-3131
County assessor · not on file Recorded deeds · not on file 12 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
18917 Joy, Detroit, MI 48228-3050 $320,000 Aug 2024 4,650 SF
16921 Warren, Detroit, MI 48228-3504 $150,000 Mar 2024 4,800 SF
19301 Warren, Detroit, MI 48228-3347 $285,000 Nov 2021 7,104 SF
15003 Joy, Detroit, MI 48228-2263 $525,000 Mar 2021 7,518 SF
9139 Greenfield, Detroit, MI 48228-2201 $105,000 Aug 2020 4,225 SF
8541 Greenfield, Detroit, MI 48228-2224 $130,000 Oct 2019 4,435 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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