Property profile

9520 Grand Riv Ave Detroit, MI 48204

OFF-MARKET
Assisted living facilities
Property ID
US43-0904755
68,729 SF 0.52 ac lot Built 1973
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1973
Total area 68,729 SF
Lot 0.52 ac (22,651 SF)
Zoning code B4
APN 16005213-6
UPID US43-0904755

Cap rate & NOI

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

Location

9520 Grand Riv Ave Detroit, MI 48204-2132
Detroit metro Census 530800 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

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Owner & transaction history

since 2022
4 recorded transactions
2022
$167,096
2013
Price N/A
2012
Price N/A
1969
Price N/A

Zoning & alternative use

B4 · Detroit, MI
Zoning description

), eff. 5-28-2005) Sec. 50-7-3. - Business Districts. Business districts within the City are as follows: (1) B1 Restricted Business District. (2) B2 Local Business and Residential District. (3) B3 Shopping District. (4)…

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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