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Financial
Distress signals
Property profile

2902 Orleans St Detroit, MI 48207

OFF-MARKET
Manufacturing properties
Property ID
US43-1581833
117,876 SF 2.13 ac lot Built 1942
Last sale Nov 2010 · $15,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 15-yr Hold Held for 15 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 252,824 square foot manufacturing facility, located at 2902 Orleans St, Detroit, MI 48207, presents a significant investment opportunity. Situated on a 2.13-acre fenced lot within the vibrant Eastern Market area, this two-story building boasts impressive features. The property includes three 14' x 14' grade-level dock high doors, providing convenient access for loading and unloading. Ceiling heights range from 13 feet to an impressive 35 feet, offering ample vertical space…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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.

Debts

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 · 2023

What does the county charge?
$23k
Tax billed · 2023
Assessed value · 2024$455k
Effective rate5.11%

Value estimate

· Oct 2026
$400k
$360k – $440k
Submarket $/SF estimate$2.36M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$40/SF
Submarket average, outlier-cleaned · 223 recorded sales of this use type
Observed band · Q1–Q3$20 – $68

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?
M3
The M3 general industrial district supports industrial operations while regulating congestion and protecting nearby residential areas, pr...
General categoryINDUSTRIAL
JurisdictionWAYNE

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply32.4
Auto Repair Shop30.7
Realty agency30.2

Location

2902 Orleans St Detroit, MI 48207-4812
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
654 Mt Elliott, Detroit, MI 48207-4314 $850,000 Aug 2024 6,616 SF
3527 Canfield, Detroit, MI 48207-1701 $60,000 Apr 2024 11,924 SF
6445 Jefferson, Detroit, MI 48207-4307 $325,000 Feb 2023 9,334 SF
4779 Bellevue, Detroit, MI 48207-1301 $60,000 Aug 2019 29,850 SF
1088 Bellevue, Detroit, MI 48207-3648 $350,000 Apr 2019 20,476 SF
6675 Gratiot, Detroit, MI 48207-1911 $130,000 Dec 2018 9,775 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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