Property profile

626 Grand Blvd Detroit, MI 48207

OFF-MARKET
Assisted living facilities
Property ID
US43-1320358
19,680 SF 0.65 ac lot Built 1960
Individually Owned 4-yr Hold Free & Clear
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1960
Total area 19,680 SF
Lot 0.65 ac (28,314 SF)
Zoning code R5
APN 15007589.
UPID US43-1320358

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Nursing Home

Location

626 Grand Blvd Detroit, MI 48207-3513
Detroit metro Census 515200 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2021
3 recorded transactions
2021
Price N/A
2014
Price N/A
2011
Price N/A

Zoning & alternative use

R5 · Detroit, MI
Zoning description

dential districts within the City are as follows: (1) R1 Single-Family Residential District. (2) R2 Two-Family Residential District. (3) R3 Low Density Residential District. (4) R4 Thoroughfare Residential District. (5)…

General category RESIDENTIAL

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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