Property profile

6705 Lafayette Blvd Detroit, MI 48209

OFF-MARKET
Specialty properties
Property ID
US43-0893497
31,292 SF 0.43 ac lot Built 1926
Entity Owned 19-yr Hold Free & Clear
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Property profile

Verified
Property type Specialty properties
Use group PROFESSIONAL CLUBS/ASSOCIATIONS
Year built 1926
Total area 31,292 SF
Lot 0.43 ac (18,731 SF)
Zoning code R2
APN 18008245.
UPID US43-0893497

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
  • Bar & Pub
  • Marketing & Advertising

Location

6705 Lafayette Blvd Detroit, MI 48209-2208
Detroit metro Census 523800 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$634k
Blend (final) Blend
$285k

Owner & transaction history

Zoning & alternative use

R2 · Detroit, MI
Zoning description

of this Code. (Code 1984, § 61-7-1; Ord. No. 11-05, § 1(61-7-1), eff. 5-28-2005) Sec. 50-7-2. - Residential Districts. Residential districts within the City are as follows: (1) R1 Single-Family Residential District. (2)…

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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