Financial
Distress signals
Property profile

7650 Melville St Detroit, MI 48209

OFF-MARKET
Commercial real estate
Property ID
US43-1917664
Entity Owned Owner of record is a legal entity (LLC / corporation). 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?

Resolved identity, portfolio, hold profile and investor signals. Included 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.

Mortgages

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?
$30k
Tax billed · 2020
Assessed value · 2024$441k
Effective rate6.72%

Value estimate

· Sep 2026
$295k
$266k – $325k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$91/SF
Submarket average, outlier-cleaned · 293 recorded sales of this use type
Observed band · Q1–Q3$34 – $170

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

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

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 agency26.4
Law Firm22.4
Spa & Massage15.9

Location

7650 Melville St Detroit, MI 48209-2968
County assessor Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog · not on file

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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2619 Central, Detroit, MI 48209-1199 $20,000 Jan 2023 2,154 SF
6718 Regular, Detroit, MI 48209-2252 $400,000 Oct 2022 3,816 SF
760 Campbell, Detroit, MI 48209-3150 $615,000 May 2022 49,243 SF
1145 Jct, Detroit, MI 48209-2464 $240,000 Jan 2021 N/A
7025 Vernor, Detroit, MI 48209-1552 $90,000 Jun 2020 2,391 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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