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Financial
Distress signals
Property profile

644 Selden St Detroit, MI 48201

OFF-MARKET
Commercial real estate
Property ID
US43-0623874
18,655 SF 0.24 ac lot Built 1927
Last sale Sep 2015 · $1,273,600
Entity Owned Owner of record is a legal entity (LLC / corporation). 9-yr Hold Held for 9 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional mixed-use development, located on Selden Street in vibrant Midtown Detroit, offers a unique investment opportunity. The property comprises two buildings totaling 30,701 square feet, constructed in 1927 and extensively renovated in 2018. The buildings boast three stories and sit on a 0.59-acre lot, zoned SD2 in Wayne County. Multiple tenancy options are available, with spaces ranging from a minimum of 2,290 square feet to a maximum contiguous space of 7,589 square feet.…

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 · 2020

What does the county charge?
$4k
Tax billed · 2020
Assessed value · 2024$224k
Effective rate1.57%

Value estimate

· Oct 2026
$290k
$261k – $319k
Submarket $/SF estimate$1.41M

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$91/SF
Submarket average, outlier-cleaned · 293 recorded sales of this use type
Observed band · Q1–Q3$34 – $170
Qualifying comparables6

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?
SD2
Transitional-Industrial District. (6) PR Parks and Recreation District. (7) W1 Waterfront-Industrial District. (8) MKT Market and Distrib...
General categoryMIXED_USE
JurisdictionWAYNE

Location intelligence

Which uses thrive at this corner?
Best fit: Kitchen & Bath
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Kitchen & Bath10.7
HVAC Service10.1
Wholesale Shop9.7

Location

644 Selden St Detroit, MI 48201-2504
County assessor Recorded deeds · 5 transfers 6 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
10 Peterboro, Detroit, MI 48201-2722 $3,500,000 Jan 2025 23,375 SF
98 Hancock, Detroit, MI 48201-1314 $1,120,000 Apr 2022 10,800 SF
118 Columbia, Detroit, MI 48201-3450 $35,000 Feb 2022 6,388 SF
678 Selden, Detroit, MI 48201-2200 $2,800,000 Jan 2022 22,796 SF
3523 Cass, Detroit, MI 48201-2307 $3,900,000 May 2019 21,144 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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