Financial
Distress signals
Property profile

20540 Joy Rd Detroit, MI 48228

OFF-MARKET
Auto shops
Property ID
US43-1692290
3,829 SF 0.22 ac lot Built 1976
Last sale Jun 2013 · $58,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 13-yr Hold Held for 13 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?
$4k
Tax billed · 2020
Assessed value · 2024$82k
Effective rate5.34%

Value estimate

· Sep 2026
$210k
$189k – $231k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$61/SF
Submarket average, outlier-cleaned · 279 recorded sales of this use type
Observed band · Q1–Q3$29 – $104
Qualifying comparables6

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: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency23.6
Law Firm22.3
Dental Office20.3

Location

20540 Joy Rd Detroit, MI 48228-1641
County assessor Recorded deeds · 1 transfer 6 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 · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
18700 Plymouth, Detroit, MI 48228-1342 $75,000 Nov 2024 3,036 SF
8114 Greenfield, Detroit, MI 48228-2291 $130,000 Jun 2024 3,200 SF
18501 Warren, Detroit, MI 48228-3442 $330,000 Jan 2024 2,400 SF
19651 Plymouth, Detroit, MI 48228-1209 $75,000 Oct 2023 4,217 SF
16980 Warren, Detroit, MI 48228-3507 $295,000 Aug 2023 3,580 SF
14330 Joy, Detroit, MI 48228-2402 $85,000 Oct 2019 4,150 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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