Financial
Distress signals
Property profile

5357 Outer Dr Detroit, MI 48234

OFF-MARKET
Auto shops
Property ID
US43-0894811
8,968 SF 0.18 ac lot Built 1949
Last sale Apr 2019 · $50,000
Trust Owned Owner of record is a trust. 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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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?
$3k
Tax billed · 2020
Assessed value · 2024$106k
Effective rate2.47%

Value estimate

· Sep 2026
$50k
$45k – $55k

Realmo valuation models over county records and 6 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 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 agency53.6
Law Firm37.8
Restaurant35.2

Location

5357 Outer Dr Detroit, MI 48234-3400
County assessor Recorded deeds · 5 transfers 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3600 8th Mile, Detroit, MI 48234-1006 $200,000 Sep 2024 8,424 SF
11037 7th Mile, Detroit, MI 48234-3732 $135,000 Aug 2023 4,486 SF
4400 7th Mile, Detroit, MI 48234-2106 $120,000 Jul 2023 3,650 SF
3910 8th Mile, Detroit, MI 48234-1012 $440,000 Sep 2022 3,500 SF
11146 Mcnichols, Detroit, MI 48234-3928 $45,000 Mar 2022 5,130 SF
5375 Outer, Detroit, MI 48234-3400 $14,000 Mar 2022 5,568 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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