Property profile

4240 Cass Ave Detroit, MI 48201

OFF-MARKET
Commercial real estate
Property ID
US43-2278091
1.08 ac lot
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 1.08 ac (47,045 SF)
Zoning code SD2
APN 02002104-9
UPID US43-2278091

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
  • Apartment Building
  • (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom
  • (Bike/Boat/Book/etc) Store
  • Cafe & Coffee Shop
  • (Bike/Boat/Book/etc) Store

Location

4240 Cass Ave Detroit, MI 48201-1970
Detroit metro Census 520300 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$425k

Owner & transaction history

since 2021
6 recorded transactions
2021
Price N/A
2011
Price N/A
2009
Price N/A
2008
$677,099
1969
Price N/A
1969
Price N/A

Zoning & alternative use

SD2 · Detroit, MI
Zoning description

Transitional-Industrial District. (6) PR Parks and Recreation District. (7) W1 Waterfront-Industrial District. (8) MKT Market and Distribution District. (9) SD1 Special Development District, Small-Scale, Mixed-Use. (10)…

General category MIXED_USE

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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