Financial
Distress signals
Property profile

5568 Saint Aubin St Detroit, MI 48211

FOR SALE
Retail space
Property ID
US43-1535975
3,228 SF 0.07 ac lot Built 1905
Last sale Nov 2015 · $16,023
Entity Owned Owner of record is a legal entity (LLC / corporation). 10-yr Hold Held for 10 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

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?
$737
Tax billed · 2020
Assessed value · 2024$38k
Effective rate1.95%

Value estimate

· Sep 2026
$140k
$126k – $154k
NOI build-up
Gross scheduled income$70k
Vacancy & credit loss−$8k
Operating expenses−$23k
NOI · 25.57% cap applied$38k

Realmo valuation models over county records and 15 qualifying comparable sales.

Recently sold

What actually traded nearby?
$69/SF
Submarket average, outlier-cleaned · 738 recorded sales of this use type
Observed band · Q1–Q3$30 – $113
Qualifying comparables15

Cap rate analysis

How does the asset earn?
25.57%
$38k 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?
R3
No. 11-05, § 1(61-7-1), eff. 5-28-2005) Sec. 50-7-2. - Residential Districts. Residential districts within the City are as follows: (1) R...
General categoryRESIDENTIAL
JurisdictionWAYNE

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply16.6
Hair Salon15.1
Law Firm14.5

Location

5568 Saint Aubin St Detroit, MI 48211
County assessor Recorded deeds · 3 transfers 15 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5103 Grandy, Detroit, MI 48211-2813 $75,000 Sep 2024 2,332 SF
8501 Mt Elliott, Detroit, MI 48211-1719 $7,000 Jul 2024 2,430 SF
5038 Mcdougall, Detroit, MI 48211-2932 $40,000 Sep 2023 2,535 SF
9692 Russell, Detroit, MI 48211-1031 $50,000 Jan 2023 3,479 SF
5400 Mcdougall, Detroit, MI 48211-2912 $60,000 Aug 2022 4,229 SF
7634 Oakland, Detroit, MI 48211-1350 $10,000 Apr 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
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