Property profile

400 Mack Ave Detroit, MI 48201

OFF-MARKET
Assisted living facilities
Property ID
US43-1719758
46,622 SF 3.79 ac lot Built 2001
Individually Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 2001
Total area 46,622 SF
Lot 3.79 ac (165,092 SF)
Zoning code R6
APN 01003830-6
UPID US43-1719758

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician
  • Corporate Office
  • Physician
  • Physician
  • Pediatrician Medical Clinic

Location

400 Mack Ave Detroit, MI 48201-2136
Detroit metro Census 517300 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2021
7 recorded transactions
2021
Price N/A
2019
Price N/A
2017
Price N/A
2016
$6.1M
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

R6 · Detroit, MI
Zoning description

lows: (1) R1 Single-Family Residential District. (2) R2 Two-Family Residential District. (3) R3 Low Density Residential District. (4) R4 Thoroughfare Residential District. (5) R5 Medium Density Residential District. (6)…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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