Property profile

19940 Mansfield St Detroit, MI 48235

OFF-MARKET
Schools
Property ID
US43-2315260
68,064 SF 10.16 ac lot Built 1948
Entity Owned 6-yr Hold Free & Clear
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Property profile

Verified
Property type Schools
Use group COLLEGE, UNIVERSITY, VOC SCHOOL
Year built 1948
Total area 68,064 SF
Lot 10.16 ac (442,570 SF)
Zoning code R1
APN 22057501.066
UPID US43-2315260

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • High School
  • High School

Location

19940 Mansfield St Detroit, MI 48235-2332
Detroit metro Census 540100 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.91M
Blend (final) Blend
$3.91M

Owner & transaction history

Zoning & alternative use

R1 · Detroit, MI
Zoning description

d in Section 50-7-2 through Section 50-7-5 of this Code. (Code 1984, § 61-7-1; Ord. No. 11-05, § 1(61-7-1), eff. 5-28-2005) Sec. 50-7-2. - Residential Districts. Residential districts within the City are as follows: (1)…

General category RESIDENTIAL
Top alternative use upside
Commercial (general) $6.2M +58.9%
Restaurant $6.2M +58.8%
Neighborhood: shopping center $5.2M +31.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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