Financial
Distress signals
Property profile

4405 Nevada St Detroit, MI 48234

FOR SALE
Auto shops
Property ID
US43-1227477
3,095 SF 0.14 ac lot Built 1944
Last sale Jun 2021 · $125,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon
4405 Nevada St, Detroit, MI 48234 For Sale
$150,000 3,095 SF
4405 Nevada St, Detroit, MI 48234
View Listing

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 · 2020

What does the county charge?
$2k
Tax billed · 2020
Assessed value · 2024$55k
Effective rate3.02%

Value estimate

· Sep 2026
$110k
$99k – $121k
NOI build-up
Gross scheduled income$23k
Vacancy & credit loss−$1k
Operating expenses−$6k
NOI · 10.04% cap applied$15k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$60/SF
ZIP average, outlier-cleaned · 17 recorded sales of this use type
Observed band · Q1–Q3$27 – $144
Qualifying comparables7

Cap rate analysis

How does the asset earn?
10.04%
$15k 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?
B4
The B4 general business district provides for business and commercial uses of a thoroughfare oriented nature
General categoryCOMMERCIAL
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 agency37.6
Law Firm33.9
Dental Office29.6

Location

4405 Nevada St Detroit, MI 48234
County assessor Recorded deeds · 1 transfer 7 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

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
20181 Conant, Detroit, MI 48234-1226 $155,000 Apr 2025 2,744 SF
8251 7th Mile, Detroit, MI 48234-3626 $35,000 Jan 2024 3,053 SF
4400 7th Mile, Detroit, MI 48234-2106 $120,000 Jul 2023 3,650 SF
5050 7th Mile, Detroit, MI 48234-2261 $500,000 Apr 2023 3,144 SF
3910 8th Mile, Detroit, MI 48234-1012 $440,000 Sep 2022 3,500 SF
19989 Van Dyke, Detroit, MI 48234-3211 $320,000 Oct 2021 3,178 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
Try Rey
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
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message