Financial
Distress signals
Property profile

8300 Livernois Ave Detroit, MI 48204

FOR SALE
Retail space
Property ID
US43-0396668
1,227 SF 0.23 ac lot Built 1933
Last sale Apr 2023 · $150,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 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

A 1,200-square-foot commercial building on the Westside of Detroit located at 8300 Livernois Ave. The site includes a drive-thru configuration and an on-site parking area with additional land included. The property has been historically used as a restaurant and is configured for office use, while the interior layout supports flexible use for retail and service-oriented tenants depending on how the space is arranged. The drive-thru infrastructure provides customer and delivery access, and the

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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?
$2k
Tax billed · 2020
Assessed value · 2024$26k
Effective rate7.94%

Value estimate

· Sep 2026
$200k
$180k – $220k
NOI build-up
Gross scheduled income$23k
Vacancy & credit loss−$1k
Operating expenses−$6k
NOI · 7.59% cap applied$15k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$69/SF
Submarket average, outlier-cleaned · 738 recorded sales of this use type
Observed band · Q1–Q3$30 – $113
Qualifying comparables8

Cap rate analysis

How does the asset earn?
7.59%
$15k estimated NOI · market benchmarks for this use type

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

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 agency21.7
Law Firm19.2
Dental Office16.1

Location

8300 Livernois Ave Detroit, MI 48204
County assessor Recorded deeds · 5 transfers 8 qualifying comp sales 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
12503 Livernois, Detroit, MI 48204-1334 $115,000 Apr 2025 1,256 SF
10520 Chicago, Detroit, MI 48204-2663 $9,000 Mar 2025 1,500 SF
12230 Livernois, Detroit, MI 48204-1310 $79,000 Oct 2024 1,314 SF
10538 Chicago, Detroit, MI 48204-2663 $16,500 Jul 2024 1,000 SF
12002 Martindale, Detroit, MI 48204-1524 $35,000 May 2024 2,357 SF
7335 Grand Riv, Detroit, MI 48204-2209 $900,000 Apr 2023 2,400 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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