Property profile

20606 Joy Rd Detroit, MI 48228

OFF-MARKET
Individual retail properties
Property ID
US43-5179229
1,320 SF 0.04 ac lot Built 1967
Entity Owned 20-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Individual retail properties
Use group BARBER, HAIR SALON
Year built 1967
Total area 1,320 SF
Lot 0.04 ac (1,742 SF)
Zoning code B4
APN 22002666.
UPID US43-5179229

Cap rate & NOI

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

Location

20606 Joy Rd Detroit, MI 48228-1643
Detroit metro Census 546600 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
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Comparable Approach Comparable
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Blend (final) Blend
$80k

Owner & transaction history

1 recorded transaction
1969
Price N/A

Zoning & alternative use

B4 · Detroit, MI
Zoning description

), eff. 5-28-2005) Sec. 50-7-3. - Business Districts. Business districts within the City are as follows: (1) B1 Restricted Business District. (2) B2 Local Business and Residential District. (3) B3 Shopping District. (4)…

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
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