Property profile

711 Oakwood Detroit, MI 48217

OFF-MARKET
Industrial land
Property ID
US43-1578914
1,000 SF 0.25 ac lot Built 1950
Entity Owned 14-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Year built 1950
Total area 1,000 SF
Lot 0.25 ac (10,890 SF)
Zoning code M2
APN 20016071-3
UPID US43-1578914

Cap rate & NOI

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

Location

711 Oakwood Detroit, MI 48217-1319
Detroit metro Census 524500 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
$35k

Owner & transaction history

since 2011
2 recorded transactions
2011
Price N/A
2011
$100,000

Zoning & alternative use

M2 · Detroit, MI
Zoning description

ral Services District. (Code 1984, § 61-7-3; Ord. No. 11-05, § 1(61-7-3), eff. 5-28-2005) Sec. 50-7-4. - Industrial Districts. Industrial districts within the City are as follows: (1) M1 Limited Industrial District. (2)…

General category INDUSTRIAL

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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