Property profile

2051 Grand Blvd Detroit, MI 48208

OFF-MARKET
Assisted living facilities
Property ID
US43-1681797
72,402 SF 0.54 ac lot Built 1900
Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1900
Total area 72,402 SF
Lot 0.54 ac (23,522 SF)
Zoning code R6
APN 12001130.
UPID US43-1681797

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
  • Registered General Nurse Professional Services
  • Physician
  • Physician
  • Medical Clinic
  • Law Firm

Location

2051 Grand Blvd Detroit, MI 48208-1105
Detroit metro Census 533300 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.28M

Owner & transaction history

since 2019
4 recorded transactions
2019
$1.2M
2018
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

R6 · Detroit, MI
Zoning description

lows: (1) R1 Single-Family Residential District. (2) R2 Two-Family Residential District. (3) R3 Low Density Residential District. (4) R4 Thoroughfare Residential District. (5) R5 Medium Density Residential District. (6)…

General category COMMERCIAL

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2051 Grand Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message