Financial
Distress signals
Property profile

20255 Grand Riv Ave Detroit, MI 48219

OFF-MARKET
Individual retail properties
Property ID
US43-1849984
18,544 SF 0.64 ac lot Built 1970
Individually Owned Owner of record is an individual. 21-yr Hold Held for 21 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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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 · 2020

What does the county charge?
$13k
Tax billed · 2020
Assessed value · 2024$276k
Effective rate4.83%

Value estimate

· Sep 2026
$320k
$288k – $352k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

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 Firm23.5
Realty agency21.6
Building Supply17.8

Location

20255 Grand Riv Ave Detroit, MI 48219-3310
County assessor Recorded deeds · not on file 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
21621 8th Mile, Detroit, MI 48219-4417 $475,000 Jan 2025 7,546 SF
20000 Grand Riv, Detroit, MI 48219-3339 $1,650,000 Jan 2025 13,407 SF
24133 Grand Riv, Detroit, MI 48219-3014 $4,650,000 Oct 2024 13,999 SF
21250 7th Mile, Detroit, MI 48219-1967 $38,561 Sep 2023 8,262 SF
19137 7th Mile, Detroit, MI 48219-2706 $650,000 Aug 2023 5,746 SF
23819 7th Mile, Detroit, MI 48219-1628 $120,000 Apr 2023 5,419 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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