Property profile

8550 Heritage Pl Detroit, MI 48204

OFF-MARKET
Parking lots & garages
Property ID
US43-1019235
44,212 SF 0.6 ac lot Built 2000
Entity Owned 21-yr Hold Free & Clear
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Property profile

Verified
Property type Parking lots & garages
Use group RESIDENTIAL PARKING GARAGE
Year built 2000
Construction BRICK
Total area 44,212 SF
Lot 0.6 ac (26,136 SF)
Zoning code R6
APN 14006895.001
UPID US43-1019235

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

8550 Heritage Pl Detroit, MI 48204-3595
Detroit metro Census 533400 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history

Zoning & alternative use

R6 · Detroit, MI
Zoning description

lows: (1) R1 Single-Family Residential District. (2) R2 Two-Family Residential District. (3) R3 Low Density Residential District. (4) R4 Thoroughfare Residential District. (5) R5 Medium Density Residential District. (6)…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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