Financial
Distress signals
Property profile

8544 Mcnichols Rd Detroit, MI 48221

OFF-MARKET
Medical Office Space
Property ID
US43-0561204
1,771 SF 0.06 ac lot Built 1938
Last sale Jan 2026 · $130,000
Individually Owned Owner of record is an individual. 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

The property at 8544 W. McNichols is located in the Marygrove/Fitzgerald Retail Corridor and is configured for retail and office use. It features double retail frontage and an open floor plate, with additional storage available in the basement. The 1,900-square-foot building includes three office spaces and two handicap accessible restrooms, and it has been served by updated mechanical systems, including HVAC, plumbing, and electrical work completed in 2021. Parking includes two rear spaces

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?
$4k
Tax billed · 2020
Assessed value · 2024$58k
Effective rate6.35%

Value estimate

· Sep 2026
$110k
$99k – $121k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$63/SF
Submarket average, outlier-cleaned · 78 recorded sales of this use type
Observed band · Q1–Q3$41 – $95
Qualifying comparables3

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?
B2
The B2 local business and residential district provides for the day to day consumer goods and services required to serve a small resident...
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 agency81.8
Law Firm60.9
Building Supply59.6

Location

8544 Mcnichols Rd Detroit, MI 48221-2570
County assessor Recorded deeds · 6 transfers 3 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
19925 Livernois, Detroit, MI 48221-1234 $100,000 Feb 2025 1,666 SF
8620 Mcnichols, Detroit, MI 48221-2571 $8,000 Jan 2025 1,903 SF
18280 Livernois, Detroit, MI 48221-2773 $215,000 Sep 2024 2,746 SF
19467 Livernois, Detroit, MI 48221-1718 $85,000 Mar 2023 1,984 SF
17320 Livernois, Detroit, MI 48221-2759 $50,000 Nov 2021 3,923 SF
17170 Livernois, Detroit, MI 48221-3028 $80,000 May 2021 1,699 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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