Realmo Analytics

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Financial
Distress signals
Property profile

6773 E Davison St Hamtramck, MI 48212

FOR LEASE
Auto shops
Property ID
US43-1030359
12,226 SF 0.3 ac lot Built 1959
Last sale Sep 2018
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

Property summary

AI-generated overview

An industrial building totaling 12,274 square feet, which includes 700 square feet of office space, with three overhead doors and approximately 15-foot clear ceiling height.

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?
$10k
Tax billed · 2020
Assessed value · 2024$169k
Effective rate5.72%

Value estimate

· Oct 2026
$320k
$288k – $352k
NOI build-up
Gross scheduled income$94k
Vacancy & credit loss−$3k
Operating expenses−$27k
NOI · 1,270,880.00% cap applied$64k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$61/SF
Submarket average, outlier-cleaned · 279 recorded sales of this use type
Observed band · Q1–Q3$29 – $104
Qualifying comparables5

Cap rate analysis

How does the asset earn?
1,270,880.00%
$64k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
M2
JurisdictionWAYNE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency16.5
Skin Care Clinic9.7
HVAC Service9.7

Location

6773 E Davison St Hamtramck, MI 48212
County assessor Recorded deeds · 2 transfers 5 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 · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
12300 Joseph Campau, Hamtramck, MI 48212-2635 $550,000 Aug 2023 15,765 SF
4220 Davison, Hamtramck, MI 48212-1706 $80,000 Nov 2022 7,869 SF
17464 Mt Elliott, Hamtramck, MI 48212-1341 $980,000 Mar 2021 17,550 SF
4929 Mcnichols, Detroit, MI 48212-1732 $100,000 Dec 2020 8,600 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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