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Property profile

620 Mt Elliott St Detroit, MI 48207

OFF-MARKET
Other warehouses
Property ID
US43-0022344
16,722 SF 0.86 ac lot Built 1960
Last sale Jan 2015
Entity Owned Owner of record is a legal entity (LLC / corporation). 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 single-story building with approximately 17,000 square feet of space on a 1.56-acre site (about 68,016 square feet). The site has a rectangular configuration and approximately 237 feet of frontage on Mt. Elliott. The property is located about two blocks from the Riverfront. Additional land appears to be available, and a liquor license is associated with the property.

Ownership intelligence

Who controls the opportunity?

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

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$11k
Tax billed · 2023
Assessed value · 2024$76k
Effective rate14.60%

Value estimate

· Oct 2026
$230k
$207k – $253k

Realmo valuation models over county records and 3 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 comparables3

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?
SD4
Recreation District. (7) W1 Waterfront-Industrial District. (8) MKT Market and Distribution District. (9) SD1 Special Development Distric...
General categoryMIXED_USE
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 agency42.6
Building Supply38.2
Restaurant32.3

Location

620 Mt Elliott St Detroit, MI 48207-4314
County assessor Recorded deeds · 2 transfers 3 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
4840 Mt Elliott, Detroit, MI 48207-1341 $375,000 Nov 2024 13,366 SF
4844 Bellevue, Detroit, MI 48207-1302 $16,330 Aug 2024 14,175 SF
4732 Bellevue, Detroit, MI 48207-1302 $100,000 Jan 2024 12,215 SF
2240 Bellevue, Detroit, MI 48207-3639 $395,000 Jul 2023 14,567 SF
3250 Bellevue, Detroit, MI 48207-2537 $710,000 Apr 2022 17,846 SF
2400 Bellevue, Detroit, MI 48207-3535 $200,000 Dec 2021 14,003 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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