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Property profile

20913 Joy Rd Detroit, MI 48228

OFF-MARKET
Other commercial real estate
Property ID
US43-0372815
2,530 SF 0.35 ac lot Built 2003
Last sale Jun 2023 · $325,000
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property at 20913 Joy Rd, Detroit, Michigan consists of a car wash facility constructed in 2003. It is situated along Joy Road and is positioned to serve nearby residential and commercial areas. The site and facility include several improvements, including a replaced parking lot, new tunnel wash equipment, a replacement operating system, and updated interior and exterior signage. Walk Score is 47, Bike Score is 48, and Transit Score is 43.

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?
$7k
Tax billed · 2020
Assessed value · 2024$43k
Effective rate15.32%

Value estimate

· Oct 2026
$325k
$293k – $358k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$91/SF
Submarket average, outlier-cleaned · 293 recorded sales of this use type
Observed band · Q1–Q3$34 – $170
Qualifying comparables5

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 agency20.9
Law Firm19.9
Building Supply12.9

Location

20913 Joy Rd Detroit, MI 48228-1617
County assessor Recorded deeds · 5 transfers 5 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
20226 Joy, Detroit, MI 48228-1637 $80,000 Sep 2023 2,391 SF
7355 Greenfield, Detroit, MI 48228-3601 $150,000 Sep 2023 2,725 SF
19501 Plymouth, Detroit, MI 48228-1207 $50,000 Apr 2022 1,944 SF
19617 Warren, Detroit, MI 48228-3245 $245,000 Nov 2021 1,805 SF
19115 Plymouth, Detroit, MI 48228-1339 $250,000 Aug 2021 3,136 SF
19639 Warren, Detroit, MI 48228-3245 $105,000 Aug 2019 2,111 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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