Financial
Distress signals
Property profile

1921 Fry St Detroit, MI 48211

OFF-MARKET
Warehouses
Property ID
US43-1706856
528,681 SF 2.34 ac lot Built 1928
Last sale Nov 2022 · $325,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 9-story warehouse, located at 1921 E Ferry St in Detroit, Michigan, presents a unique investment opportunity. Boasting a substantial 528,681 square feet of space, this property sits on a 2.338-acre lot and offers a 30-foot clear ceiling height. The building is zoned M-4, Heavy Industrial, allowing for a wide range of potential uses. Its strategic location provides easy access to major transportation arteries, including I-75 and I-94, enhancing its logistical advantages. The

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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 · 2023

What does the county charge?
$145k
Tax billed · 2023
Assessed value · 2024$1.83M
Effective rate7.97%

Value estimate

· Sep 2026
$6.52M
$5.86M – $7.17M
Sales comparison$6.61M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$32/SF
Submarket average, outlier-cleaned · 187 recorded sales of this use type
Observed band · Q1–Q3$13 – $52

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?
M4
The M4 intensive industrial district permits objectionable industrial uses, restricts new residential construction except for loft conver...
General categoryINDUSTRIAL
JurisdictionWAYNE

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply21.5
Restaurant20.8
Dental Office20.5

Location

1921 Fry St Detroit, MI 48211-2609
County assessor Recorded deeds · 8 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

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
11630 Russell, Detroit, MI 48211-1058 $130,000 Feb 2025 59,334 SF
6000 Russell, Detroit, MI 48211-2120 $4,474,000 Sep 2024 50,008 SF
5845 Russell, Detroit, MI 48211 $960,000 Sep 2023 130,722 SF
2600 Grand, Detroit, MI 48211-2040 $2,500,000 Jan 2022 83,075 SF
6660 Mt Elliott, Detroit, MI 48211-2437 $4,125,000 Aug 2021 307,262 SF
6400 Mt Elliott, Detroit, MI 48211-2455 $1,300,000 Jun 2019 212,375 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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