Property profile

9200 Vernor Hwy Detroit, MI 48209

OFF-MARKET
Assisted living facilities
Property ID
US43-1854468
83,502 SF 3.46 ac lot Built 1999
Individually Owned 7-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1999
Total area 83,502 SF
Lot 3.46 ac (150,718 SF)
Zoning code PD
APN 20004259.
UPID US43-1854468

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Apartment Building

Location

9200 Vernor Hwy Detroit, MI 48209-1410
Detroit metro Census 524101 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

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Owner & transaction history

since 2018
4 recorded transactions
2021
Price N/A
2018
$870,000
2018
Price N/A
1969
Price N/A

Zoning & alternative use

PD · Detroit, MI
Zoning description

District. (5) M5 Special Industrial District. (Code 1984, § 61-7-4; Ord. No. 11-05, § 1(61-7-4), eff. 5-28-2005) Sec. 50-7-5. - Special districts. Special districts and overlay areas within the City are as follows: (1) P…

General category PLANNED_DEVELOPMENT

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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