Financial
Distress signals
Property profile

8107 Military St Detroit, MI 48204

FOR SALE
Manufacturing properties
Property ID
US43-1345742
6,195 SF 0.16 ac lot Built 1946
Last sale Apr 2019 · $55,000
Individually Owned Owner of record is an individual. 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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Property summary

AI-generated overview

This 8,500 square foot industrial building, located at 8107 Military Street in Detroit, Michigan, 48204, presents a unique opportunity. Situated between Joy Road and Livernois Avenue, near Tireman Avenue, this property offers convenient access to I-94 and I-96, placing it minutes from Downtown Detroit. The one-story building, constructed in 1946 and renovated in 2018, features a mezzanine, 10-18 foot ceiling heights, and a camera system. The building includes a steel overhead door, a steel

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 · 2023

What does the county charge?
$7k
Tax billed · 2023
Assessed value · 2024$76k
Effective rate8.68%

Value estimate

· Sep 2026
$200k
$180k – $220k
NOI build-up
Gross scheduled income$62k
Vacancy & credit loss−$3k
Operating expenses−$18k
NOI · 6.36% cap applied$41k

Realmo valuation models over county records and 15 qualifying comparable sales.

Recently sold

What actually traded nearby?
$40/SF
Submarket average, outlier-cleaned · 223 recorded sales of this use type
Observed band · Q1–Q3$20 – $68
Qualifying comparables15

Cap rate analysis

How does the asset earn?
6.36%
$41k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
M3
The M3 general industrial district supports industrial operations while regulating congestion and protecting nearby residential areas, pr...
General categoryINDUSTRIAL
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 agency39.7
Law Firm33.8
Dental Office27.8

Location

8107 Military St Detroit, MI 48204
County assessor Recorded deeds · 5 transfers 15 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
8053 Military, Detroit, MI 48204-3517 $283,320 Aug 2023 2,400 SF
5938 Tireman, Detroit, MI 48204-3522 $100,000 Jan 2023 4,135 SF
9965 Northlawn, Detroit, MI 48204-4121 $80,000 Jul 2022 10,101 SF
5938 Linsdale, Detroit, MI 48204-3511 $700,000 Jul 2021 14,820 SF
8700 Tireman, Detroit, MI 48204-3243 $50,000 Mar 2021 4,053 SF
8400 Chicago, Detroit, MI 48204-2755 $390,000 May 2020 2,099 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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