Property profile

19160 Greenfield Rd Detroit, MI 48235

OFF-MARKET
Drug stores
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Property ID
US43-1376671
10,982 SF 1.51 ac Built 1998
Last sale Aug 2021·$1,200,000
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. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

This exceptional retail investment opportunity presents a 11,057 square foot Family Dollar store located at 19160 Greenfield Rd, Detroit, MI 48235, within the Detroit MSA. The property boasts a 10-year Net Net (NN) lease with six, five-year renewal options, providing significant long-term stability. The lease is corporately guaranteed by Dollar Tree, a credit-rated investment-grade tenant (BBB-), offering exceptional security. With an 8.00% cap rate and a current NOI of $82,000, this…

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?
$31k
Tax billed · 2020
Assessed value · 2024$476k
Effective rate6.53%

Value estimate

· Nov 2026
$1.33M
$1.19M – $1.46M
CAP approach$1.50M
Submarket $/SF estimate$935k

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

Recently sold

What actually traded nearby?
$60/SF
ZIP average, outlier-cleaned · 52 recorded sales of this use type
Observed band · Q1–Q3$28 – $85
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?
B3
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...
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 agency38.2
Law Firm35.6
Dental Office24.9

Location

19160 Greenfield Rd Detroit, MI 48235-2001
County assessor Recorded deeds · 7 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
15320 Mcnichols, Detroit, MI 48235-3722 $55,000 Mar 2025 3,688 SF
13125 Mcnichols, Detroit, MI 48235-4118 $115,000 Jan 2025 5,555 SF
13144 7th Mile, Detroit, MI 48235-1337 $375,000 Jan 2025 3,600 SF
14777 7th Mile, Detroit, MI 48235-2748 $200,000 Jan 2025 3,962 SF
16435 Mcnichols, Detroit, MI 48235-3355 $760,000 Jun 2024 3,488 SF
12901 8th Mile, Detroit, MI 48235-1115 $120,000 Apr 2024 8,960 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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