Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

8251 7th Mile Rd Detroit, MI 48234

OFF-MARKET
Auto shops
Property ID
US43-1511023
3,053 SF 0.35 ac lot Built 1969
Last sale Jan 2024 · $35,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 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 · 2020

What does the county charge?
$7k
Tax billed · 2020
Assessed value · 2024$71k
Effective rate9.84%

Value estimate

· Oct 2026
$195k
$176k – $215k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$60/SF
ZIP average, outlier-cleaned · 17 recorded sales of this use type
Observed band · Q1–Q3$27 – $144
Qualifying comparables7

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 agency21.9
Law Firm20.2
Dental Office11.8

Location

8251 7th Mile Rd Detroit, MI 48234-3626
County assessor Recorded deeds · 6 transfers 7 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
20181 Conant, Detroit, MI 48234-1226 $155,000 Apr 2025 2,744 SF
4400 7th Mile, Detroit, MI 48234-2106 $120,000 Jul 2023 3,650 SF
5050 7th Mile, Detroit, MI 48234-2261 $500,000 Apr 2023 3,144 SF
3910 8th Mile, Detroit, MI 48234-1012 $440,000 Sep 2022 3,500 SF
19989 Van Dyke, Detroit, MI 48234-3211 $320,000 Oct 2021 3,178 SF
4405 Nevada, Detroit, MI 48234-2117 $125,000 Jun 2021 3,095 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

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