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Financial
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Property profile

4435 Vernor Hwy Detroit, MI 48209

OFF-MARKET
Other warehouses
Property ID
US43-1790506
5,246 SF 0.13 ac lot Built 1915
Individually Owned Owner of record is an individual. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a mixed-use building designed with street-level commercial space and two residential apartments on the second level. The total building area is 5,246 square feet, situated on an 84-foot frontage by 134-foot depth lot. An additional out-building is included, which can provide supplemental space for storage, a workshop, or other uses depending on redevelopment. The site is located on Vernor Highway, which provides exposure to passing traffic, and it also benefits from an adjacent…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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.

Debts

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?
$2k
Tax billed · 2023
Assessed value · 2024$45k
Effective rate4.77%

Value estimate

· Oct 2026
$275k
$248k – $303k

Realmo valuation models over county records and 6 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 comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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 agency22.3
Hair Salon13.7
Spa & Massage13.5

Location

4435 Vernor Hwy Detroit, MI 48209-2115
County assessor Recorded deeds · not on file 6 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 · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1435 Lawndale, Detroit, MI 48209-1710 $60,000 Dec 2023 4,000 SF
2800 Honorah, Detroit, MI 48209-1118 $215,000 Aug 2023 8,147 SF
9336 Ft, Detroit, MI 48209-2556 $50,000 Dec 2021 3,645 SF
2001 Waterman, Detroit, MI 48209-1558 $80,000 Jan 2020 9,344 SF
1321 Wheelock, Detroit, MI 48209-4606 $14,000 Apr 2019 4,012 SF
5809 Ft, Detroit, MI 48209-3127 $24,500 Oct 2018 2,800 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
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