Financial
Distress signals
Property profile

505 Salliotte Rd Ecorse, MI 48229

OFF-MARKET
Auto shops
Property ID
US43-1405143
3,900 SF 0.14 ac lot Built 1957
Last sale Oct 2006 · $24,044
Individually Owned Owner of record is an individual. 19-yr Hold Held for 19 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property consists of a restaurant building configured for restaurant and event use, with the facility presently used for ongoing operations and requiring scheduled access for viewing. It is offered with equipment included, supporting continued restaurant and/or event programming without requiring immediate replacement of core operating equipment. The package also includes an adjacent lot next door, which provides additional outdoor space for events and potential expansion connected to the…

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.

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 · 2023

What does the county charge?
$6k
Tax billed · 2023
Assessed value · 2024$75k
Effective rate7.56%

Value estimate

· Sep 2026
$190k
$171k – $209k

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$61/SF
Submarket average, outlier-cleaned · 279 recorded sales of this use type
Observed band · Q1–Q3$29 – $104
Qualifying comparables10

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

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

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 agency24.7
Law Firm17.4
Dental Office14.2

Location

505 Salliotte Rd Ecorse, MI 48229-1271
County assessor Recorded deeds · 2 transfers 10 qualifying comp sales Zoning catalog · not on file

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 · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4265 Jefferson, Ecorse, MI 48229-1555 $85,000 Aug 2024 3,472 SF
27113 Outer, Ecorse, MI 48229-1215 $14,500 Apr 2022 4,050 SF
4274 Jefferson, Ecorse, MI 48229-1558 $150,000 Apr 2022 2,440 SF
160 Southfield, Ecorse, MI 48229-1128 $70,000 Jan 2020 3,900 SF
3800 Jefferson, Ecorse, MI 48229-1831 $5,000 Feb 2019 2,252 SF
61 Le Blanc, Ecorse, MI 48229-1448 $10,000 Jan 2019 3,660 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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