Property profile

18931 Allen Rd Melvindale, MI 48122

OFF-MARKET
Specialty properties
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Property ID
US43-1601373
3,700 SF 0.31 ac
Last sale Aug 2017·$45,000
Individually Owned Owner of record is an individual. 9-yr Hold Held for 9 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

This exceptional opportunity presents the chance to acquire a thriving, established wedding and event venue in Melvindale, Michigan. Located at 18931 ALLEN, the business occupies a 3,700 square foot space situated on a 0.31-acre lot. Melvindale Manor is a well-known and respected venue, boasting elegant interiors perfectly suited for hosting a wide range of events, from intimate gatherings to large-scale celebrations. The sale includes the established business only, offering a turnkey…

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?
$6k
Tax billed · 2023
Assessed value · 2024$82k
Effective rate6.93%

Value estimate

· Nov 2026
$125k
$113k – $138k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$32/SF
County average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$20 – $43

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 agency20.0
Law Firm15.4
Hair Salon11.9

Location

18931 Allen Rd Melvindale, MI 48122-1566
County assessor Recorded deeds · 3 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

1 recorded sale · 6 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
18616 Allen, Melvindale, MI 48122-1500 $95,000 Apr 2019 3,960 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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