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Property profile & analytics
OFF-MARKET
Motels

22400 Plymouth Rd Detroit, MI 48239-1321

9,774 SF 0.61 ac lot Built 1952
Entity Owned 7-yr Hold ~ Est. High Equity
Property ID
US43-5192270
Property summary
AI-generated overview

This 21-key motel in Redford Charter Township, Michigan, presents a unique investment opportunity. Located on a corner lot at 22400 Plymouth Rd, Detroit, MI 48239, this single-story, 1952-built property sits on a sizable lot and offers 20 parking spaces. The property features a manager's apartment with two bedrooms, two bathrooms, a full kitchen, and an attached office and lobby. A dedicated motel laundry room includes a sink, two washers, one dryer, and additional space for supplies. The motel rooms are described as basic but clean, and the property benefits from monthly pest control services through Orkin. The property is zoned B4 and has a rich history, previously operating as an apartment building before its conversion to a motel sometime before the 1990s. This presents a compelling opportunity for continued operation as a motel or potential redevelopment back into apartments, leveraging the existing infrastructure and zoning. The asking price is $1,100,000. This property offers strong potential for investors seeking a stable income stream or a value-add redevelopment project in a desirable location.

Property profile
Verified
Property type Motels
Use group MOTEL
Year built 1952
Total area 9,774 SF
Lot 0.61 ac (26,572 SF)
Zoning code B4
APN 22005575.
UPID US43-5192270
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
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
by Request
Owner & transaction history
Maa Krupa Corp · 7 yrs held
Maa Krupa Corp
since 2019
2 recorded transactions
2019
Price N/A
2018
Price N/A
Zoning & alternative use
B4 · Detroit, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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