Property profile

20122 Mcnichols Rd Detroit, MI 48219

OFF-MARKET
Retail space
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Property ID
US43-1823751
4,014 SF 0.34 ac Built 1960
Last sale Oct 2023·$120,000
Individually Owned Owner of record is an individual. 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

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?
$9k
Tax billed · 2020
Assessed value · 2024$90k
Effective rate9.73%

Value estimate

· Nov 2026
$160k
$144k – $176k

Realmo valuation models over county records and 21 qualifying comparable sales.

Recently sold

What actually traded nearby?
$104/SF
ZIP average, outlier-cleaned · 44 recorded sales of this use type
Observed band · Q1–Q3$36 – $168
Qualifying comparables21

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?
B4
The B4 general business district provides for business and commercial uses of a thoroughfare oriented nature
General categoryCOMMERCIAL
JurisdictionWAYNE

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm16.7
Realty agency16.6
Building Supply16.5

Location

20122 Mcnichols Rd Detroit, MI 48219-3374
County assessor Recorded deeds · 3 transfers 21 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
22435 Grand Riv, Detroit, MI 48219-3111 $170,000 Apr 2025 3,600 SF
18149 Mcnichols, Detroit, MI 48219-4110 $1,000,000 Feb 2025 4,052 SF
18910 7th Mile, Detroit, MI 48219-2759 $750,000 Jan 2025 3,960 SF
24761 7th Mile, Detroit, MI 48219-7604 $700,000 Aug 2024 4,066 SF
19533 7th Mile, Detroit, MI 48219-2720 $120,000 Jan 2024 3,829 SF
21370 Mcnichols, Detroit, MI 48219-3974 $275,000 Dec 2022 3,601 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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Includes: Price & PSF · Cap rate · Location · Zoning

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