Property profile

6232 Cadieux Rd Detroit, MI 48224

OFF-MARKET
Assisted living facilities
Property ID
US43-1857690
22,680 SF 0.28 ac lot Built 1969
Entity Owned 3-yr Hold Free & Clear
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1969
Total area 22,680 SF
Lot 0.28 ac (12,197 SF)
Zoning code B2
APN 21075086-97
UPID US43-1857690

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

6232 Cadieux Rd Detroit, MI 48224-3812
Detroit metro Census 501500 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$935k

Owner & transaction history

since 2022
Last sale
$1.0M
7 recorded transactions
2022
$332,000
2016
$1.0M
2012
Price N/A
2011
Price N/A
2010
Price N/A
2009
Price N/A
1969
Price N/A

Zoning & alternative use

B2 · Detroit, MI
Zoning description

ity Residential District. (Code 1984, § 61-7-2; Ord. No. 11-05, § 1(61-7-2), eff. 5-28-2005) Sec. 50-7-3. - Business Districts. Business districts within the City are as follows: (1) B1 Restricted Business District. (2)…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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