Entity Owned Property summary
This exceptional multi-tenant retail property, located at 6331 E Jefferson Ave, Detroit, MI 48207, presents a compelling investment opportunity. The 28,054 square foot center boasts a strong tenant lineup including Walgreens, Little Caesars, Harbortown Laundromat, Dollar Daze, and She's Happy Hair, spread across three buildings on a 2.4-acre lot. Built in 2002, the property features a mix of retail uses, including pharmacy, quick-service restaurant, and other retail spaces. The current… occupancy rate stands at 87.37%, generating a Net Operating Income (NOI) of $247,035, resulting in a 7.75% capitalization rate. The asking price is $3,187,552, translating to $113.62 per square foot. The property benefits from a high-traffic location, experiencing over 39,000 vehicles per day, and serves a population exceeding 780,000 within a 10-mile radius. Data indicates that the Walgreens and Little Caesars locations within the center rank in the top 30% and 25%, respectively, nationwide for customer visits. Lease terms vary by tenant, with rent bumps also varying. The property is offered fee simple, with six total units across three single-story buildings. This investment offers significant potential for long-term growth and profitability in a thriving Detroit market. One unit is currently vacant, presenting an opportunity to increase revenue.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2020
Value estimate
· Sep 2026Realmo valuation models over county records and 4 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 nearbyComparable nearby
Similar in This City for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 14,510 SF
- Lot area
- 1.3 ac
- Year built
- 2002
- Stories
- 1
- APN
- 15000027-8
- Zoning
- SD4
- Assessed value · 2024
- $625,300
- Annual tax · 2020
- $48,915
- Restaurant
- Neighborhood: Shopping Center
- Retail Stores · current use
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
Recreation District. (7) W1 Waterfront-Industrial District. (8) MKT Market and Distribution District. (9) SD1 Special Development District, Small-Scale, Mixed-Use. (10) SD2 Special Development District, Mixed-Use. (11) S…
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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