Property profile

2952 Woodward Ave Detroit, MI 48201

OFF-MARKET
Theaters & concert halls
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Property ID
US43-0061077
8,344 SF 0.15 ac Built 1910
Last sale Jan 2016·$267,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 10-yr Hold Held for 10 years. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

The offering consists of three historical buildings located in or near downtown Detroit at 625 Shelby Street, 1959 E. Jefferson Avenue, and 2952–2954 Woodward Avenue. Each building features classic architectural design characteristics associated with historic downtown construction.

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?
$21k
Tax billed · 2020
Assessed value · 2024$678k
Effective rate3.06%

Value estimate

· Nov 2026
$225k
$203k – $248k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$27/SF
Submarket average, outlier-cleaned · 24 recorded sales of this use type
Observed band · Q1–Q3$8 – $36

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?
PD
District. (5) M5 Special Industrial District. (Code 1984, § 61-7-4; Ord. No. 11-05, § 1(61-7-4), eff. 5-28-2005) Sec. 50-7-5. - Special d...
General categoryPLANNED_DEVELOPMENT
JurisdictionWAYNE

Location intelligence

Which uses thrive at this corner?
Best fit: Kitchen & Bath
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Kitchen & Bath11.5
Auto Parts Store10.0
Carpet & Flooring Store9.7

Location

2952 Woodward Ave Detroit, MI 48201-3019
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

3 recorded sales · 10 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4638 4th, Detroit, MI 48201-1138 $625,000 Apr 2025 1,000 SF
4126 Woodward, Detroit, MI 48201-2027 $30,000 Mar 2019 12,409 SF
461 Eliot, Detroit, MI 48201-2132 $1,690,000 Feb 2019 5,242 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
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