Property profile

740 E Grand Blvd Detroit, MI 48207

FOR SALE
Theaters & concert halls
Saved see the list in your Dashboard
Property ID
US43-1466763
14,136 SF 0.42 ac Built 1907
Last sale Aug 2007·$115,000
Individually Owned Owner of record is an individual. 17-yr Hold Held for 17 years. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

The property is a historical two-story building that was formerly used as the Trinity Deliverance Church and includes a full basement, providing approximately 23,000 square feet of interior space. The auditorium is configured with seating for approximately 1,100 people and includes balcony seating. The building has potential for adaptive reuse into uses such as residential low-income apartments, an art gallery, a modern dance studio, or a banquet/event center; however, it requires…

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?
$100
Tax billed · 2020

Value estimate

· Nov 2026
$385k
$347k – $424k

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?
R5
This R5 medium density residential district is designed to provide for a range of residential development from the single family detached...
General categoryRESIDENTIAL
JurisdictionWAYNE

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm17.2
Realty agency14.8
Dental Office13.9

Location

740 E Grand Blvd Detroit, MI 48207
County assessor Recorded deeds · not on file 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
2122 Russell, Detroit, MI 48207-2728 $100,000 Aug 2021 28,911 SF
520 Bellevue, Detroit, MI 48207-3733 $165,000 Nov 2019 6,880 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
Why this one?