Financial
Distress signals
Property profile

2951 Central St Detroit, MI 48209

OFF-MARKET
Commercial real estate
Property ID
US43-0944840
12,111 SF 2.82 ac lot Built 1967
Entity Owned Owner of record is a legal entity (LLC / corporation). 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 15,000-square-foot warehouse, located at 2951 Central Street in Detroit, Michigan, presents a unique opportunity for businesses seeking a versatile industrial space. Situated on a 2.82-acre lot, this single-tenant property boasts a significant 325-foot frontage, providing excellent visibility and accessibility. Completely renovated in 2024, the building is ready for immediate occupancy. The warehouse features eleven drive-in doors, offering convenient loading and unloading

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?
$14k
Tax billed · 2020
Assessed value · 2024$72k
Effective rate19.96%

Value estimate

· Sep 2026
$135k
$122k – $149k

Realmo valuation models over county records and 6 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 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?
M4
The M4 intensive industrial district permits objectionable industrial uses, restricts new residential construction except for loft conver...
General categoryINDUSTRIAL
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 agency51.8
Law Firm35.8
Building Supply33.7

Location

2951 Central St Detroit, MI 48209-1113
County assessor Recorded deeds · not on file 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2619 Central, Detroit, MI 48209-1199 $20,000 Jan 2023 2,154 SF
6718 Regular, Detroit, MI 48209-2252 $400,000 Oct 2022 3,816 SF
760 Campbell, Detroit, MI 48209-3150 $615,000 May 2022 49,243 SF
7025 Vernor, Detroit, MI 48209-1552 $90,000 Jun 2020 2,391 SF
2039 Central, Detroit, MI 48209-1835 $50,000 Aug 2019 4,970 SF
4751 Porter, Detroit, MI 48209-3477 $130,000 Sep 2018 4,792 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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