Realmo Analytics
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Property summary
This exceptional Detroit storefront, located at 3840 East 8 Mile Rd, presents a unique owner-user opportunity. The property boasts a total of 5,516 square feet, encompassing a 3,025 square foot retail building and a 2,491 square foot auto garage. Completely renovated in 2024, this single-story building is move-in ready and features a 10-foot ceiling height. The property sits on a 0.43-acre lot and is zoned B4, offering flexibility for various retail uses. Its strategic location provides… easy access to I-75 and is minutes from I-696, ensuring high visibility and convenient access for customers and employees. The asking price is $475,000, translating to $86.11 per square foot. Built in 1962, this property offers a blend of classic charm and modern functionality, making it an ideal investment for discerning buyers seeking a turnkey retail space in a thriving Detroit location. The property is ready for immediate occupancy and build-out. This is a rare opportunity to acquire a fully renovated, well-located retail space in a high-traffic area of Detroit.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2020
Value estimate
· Oct 2026Realmo valuation models over county records and 9 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 · 16 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 6,562 SF
- Lot area
- 0.43 ac
- Year built
- 1962
- Stories
- 1
- APN
- 13009144-52
- Zoning
- B4
- Assessed value · 2024
- $173,100
- Annual tax · 2020
- $14,154
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
The B4 general business district provides for business and commercial uses of a thoroughfare oriented nature
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- 10 Targeted Leads
- 1 Full Property Report
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
-
Zoning Insight— not in this plan -
Location Analytics— not in this plan
- 300 Targeted Leads a month
- 30 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
-
Location Analytics— not in this plan
- 1,500 Targeted Leads a month
- 150 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
- Location Analytics
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