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Property profile

7318 Park Ave Allen Park, MI 48101

OFF-MARKET
Retail space
Property ID
US43-0408107
4,800 SF 0.14 ac lot Built 1957
Last sale Aug 2011 · $300,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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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 · 2023

What does the county charge?
$12k
Tax billed · 2023
Assessed value · 2024$203k
Effective rate6.03%

Value estimate

· Oct 2026
$245k
$221k – $270k

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$85/SF
ZIP average, outlier-cleaned · 28 recorded sales of this use type
Observed band · Q1–Q3$58 – $108
Qualifying comparables11

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?
C 2
General categoryCOMMERCIAL
JurisdictionWAYNE

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility11.4
Electrical Service11.2
Kitchen & Bath10.2

Location

7318 Park Ave Allen Park, MI 48101-1903
County assessor Recorded deeds · 3 transfers 11 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
6661 Allen, Allen Park, MI 48101-2003 $134,106 May 2025 2,700 SF
19240 Ecorse, Allen Park, MI 48101-2260 $270,000 Mar 2025 2,850 SF
14730 Champaign, Allen Park, MI 48101-1617 $250,000 Feb 2025 5,820 SF
5223 Allen, Allen Park, MI 48101-2971 $685,000 Jan 2025 5,640 SF
6660 Allen, Allen Park, MI 48101-2004 $430,000 Jul 2023 3,720 SF
19100 Goddard, Allen Park, MI 48101-1156 $485,000 Jan 2023 4,453 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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