Property profile

18585 Dl St Detroit, MI 48219

OFF-MARKET
Drug stores
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Property ID
US43-0386582
10,987 SF 1.17 ac Built 1999
Last sale May 2025
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

A freestanding retail building totaling 10,024 square feet is situated on a 1.18-acre site with substantial off-street surface parking, providing for 50+ spaces for customers and employees. The structure is historically used as a former CVS Pharmacy and retains a retail storefront configuration consistent with that use. The property is located on a busy signalized corner at Telegraph Road and Grand River Avenue in Detroit, with approximately 356 feet of frontage along Telegraph Road 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?
$29k
Tax billed · 2020
Assessed value · 2024$505k
Effective rate5.72%

Value estimate

· Nov 2026
$1.84M
$1.66M – $2.02M
Submarket $/SF estimate$1.84M

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

Recently sold

What actually traded nearby?
$104/SF
ZIP average, outlier-cleaned · 44 recorded sales of this use type
Observed band · Q1–Q3$36 – $168
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?
R1
The R1 single family residential district is designed to protect and preserve quiet, low density residential areas now primarily develope...
General categoryRESIDENTIAL
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 agency39.4
Law Firm34.9
Dental Office21.8

Location

18585 Dl St Detroit, MI 48219-2241
County assessor Recorded deeds · 4 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
21621 8th Mile, Detroit, MI 48219-4417 $475,000 Jan 2025 7,546 SF
20000 Grand Riv, Detroit, MI 48219-3339 $1,650,000 Jan 2025 13,407 SF
24133 Grand Riv, Detroit, MI 48219-3014 $4,650,000 Oct 2024 13,999 SF
21250 7th Mile, Detroit, MI 48219-1967 $38,561 Sep 2023 8,262 SF
19137 7th Mile, Detroit, MI 48219-2706 $650,000 Aug 2023 5,746 SF
23819 7th Mile, Detroit, MI 48219-1628 $120,000 Apr 2023 5,419 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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