Realmo Analytics

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Property profile

18906 Dix Rd Melvindale, MI 48122

OFF-MARKET
Retail space
Property ID
US43-3885612
1,600 SF 0.15 ac lot Built 1956
Last sale Jun 2013 · $10,000
Individually Owned Owner of record is an individual. 11-yr Hold Held for 11 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a 1,600 sq. ft. commercial building located on a visible corner lot with parking. The interior layout includes two private offices, a kitchenette, and two bathrooms, with a rear warehouse area configured for storage and operational space, including potential space for fleet management. The property was used as a pest control business and is being offered together with service vehicles and equipment to support ongoing operations. The site has a walk score of 63 and a bike score of 48, with transit accessibility reflected by a transit score of 32.

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 · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value · 2024$38k
Effective rate7.96%

Value estimate

· Nov 2026
$50k
$45k – $55k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$76/SF
County average, outlier-cleaned · 1022 recorded sales of this use type
Observed band · Q1–Q3$35 – $124
Qualifying comparables8

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 1 FA
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 agency22.7
Law Firm18.5
Spa & Massage14.7

Location

18906 Dix Rd Melvindale, MI 48122-1818
County assessor Recorded deeds · not on file 8 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3822 Oakwood, Melvindale, MI 48122-1504 $70,000 Nov 2023 1,120 SF
2934 Oakwood, Melvindale, MI 48122-1244 $195,000 Jul 2023 1,250 SF
3105 Oakwood, Melvindale, MI 48122-1211 $55,000 May 2022 1,960 SF
4140 Oakwood, Melvindale, MI 48122-1408 $75,000 Apr 2022 1,472 SF
2560 Oakwood, Melvindale, MI 48122-1349 $100,000 Mar 2022 1,339 SF
3701 Oakwood, Melvindale, MI 48122-1501 $50,000 Jan 2019 1,221 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

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

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