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Financial
Distress signals
Property profile

7200 Harper Ave Detroit, MI 48213

OFF-MARKET
Theaters & concert halls
Property ID
US43-5192252
8,330 SF 0.19 ac lot Built 1930
Last sale Dec 2021 · $71,888
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This property is a former church/assembly building with an estimated 8,300 square feet and seating for approximately 300. It has historical significance as the Frontenac Theatre, later reused by multiple churches. The site is located on the Harper corridor just west of Van Dyke, near I-94 in Detroit. Public records indicate the parcel is zoned B4, and documented land use references include Theater, with an additional lot noted in marketing materials and preservation sources. The building is…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2020

What does the county charge?
$7k
Tax billed · 2020
Assessed value · 2024$180k
Effective rate4.06%

Value estimate

· Oct 2026
$80k
$72k – $88k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$27/SF
Submarket average, outlier-cleaned · 24 recorded sales of this use type
Observed band · Q1–Q3$8 – $36

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?
B4
The B4 general business district provides for business and commercial uses of a thoroughfare oriented nature
General categoryCOMMERCIAL
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 agency23.7
Dental Office18.8
Spa & Massage15.5

Location

7200 Harper Ave Detroit, MI 48213-2404
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file 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

2 recorded sales · 10 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
11241 Gunston, Detroit, MI 48213-1307 $322,000 Nov 2023 5,268 SF
9950 Harper, Detroit, MI 48213-3110 $13,150 Nov 2021 3,780 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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