Financial
Distress signals
Property profile

3700 Central St Detroit, MI 48210

FOR SALE
Distribution centers
Property ID
US43-0101340
16,050 SF 0.85 ac lot Built 1951
Last sale Mar 2010 · $130,000
Individually Owned Owner of record is an individual. 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 14,491-square-foot industrial distribution center is strategically located at 3700 Central St, Detroit, MI 48210, within Wayne County's M4 - Intensive Industrial District. The single-story building sits on a 0.85-acre lot and offers significant operational advantages. Featuring two loading docks and two dock-high doors, this property is perfectly suited for efficient distribution operations. The 12-foot ceiling height provides ample clearance for storage and maneuvering of

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 · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value · 2024$132k
Effective rate2.96%

Value estimate

· Sep 2026
$240k
$216k – $264k
NOI build-up
Gross scheduled income$106k
Vacancy & credit loss−$5k
Operating expenses−$30k
NOI · 7.43% cap applied$70k

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

Recently sold

What actually traded nearby?
$32/SF
Submarket average, outlier-cleaned · 187 recorded sales of this use type
Observed band · Q1–Q3$13 – $52
Qualifying comparables5

Cap rate analysis

How does the asset earn?
7.43%
$70k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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 agency49.1
Law Firm34.0
Building Supply31.9

Location

3700 Central St Detroit, MI 48210
County assessor Recorded deeds · 2 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

1 recorded sale · 13 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
7414 Clayton, Detroit, MI 48210-2752 $250,000 Jun 2022 5,650 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
4 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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