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Financial
Distress signals
Property profile

1950 12th Mile Rd Warren, MI 48092

OFF-MARKET
Grocery and convenience stores
Property ID
US43-0473303
1,334 SF 0.39 ac lot Built 1959
Last sale Mar 2025 · $965,000
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. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a single-tenant gas station asset located on a hard corner at the intersection of 12 Mile Road and Dequindre in Warren, Michigan. It is positioned within the Universal Mall area and is configured for retail and vehicle-related use. The site is described as having visibility from both directions of the adjacent roadway and is situated for access from surrounding traffic patterns associated with the road intersection.

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 · 2022

What does the county charge?
$9k
Tax billed · 2022
Assessed value · 2023$160k
Effective rate5.38%

Value estimate

· Oct 2026
$670k
$603k – $737k

Realmo valuation models over county records and 14 qualifying comparable sales.

Recently sold

What actually traded nearby?
$104/SF
Submarket average, outlier-cleaned · 51 recorded sales of this use type
Observed band · Q1–Q3$52 – $159
Qualifying comparables14

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?
MZ
JurisdictionMACOMB

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 agency57.1
Building Supply44.7
Restaurant35.6

Location

1950 12th Mile Rd Warren, MI 48092-2417
County assessor Recorded deeds · 8 transfers 14 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
32900 Mound, Warren, MI 48092-1239 $500,000 Apr 2025 1,680 SF
31875 Ryan, Warren, MI 48092-3769 $850,000 Jan 2023 3,980 SF
31614 Mound, Warren, MI 48092-4739 $165,000 Apr 2021 1,300 SF
31670 Mound, Warren, MI 48092-4739 $350,000 Mar 2021 4,320 SF
31710 Mound, Warren, MI 48092-4743 $187,000 May 2019 3,104 SF
2246 12th Mile, Warren, MI 48092-5643 $760,000 Jan 2019 676 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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