12700 Mansfield Valuation Report.pdf
Mansfield Storage LLC, Petitioner Vs. City Of Detroit, Respondent · 25-002229-TT
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VALUATION DISCLOSURE FOR MTT DOCKET 25-002229 MANSFIELD STORAGE LLC v CITY OF DETROIT 12710 Adjacent to the North; showing that all the street facing structure of 12700 has been torn down Note that inset has address on mailbox enlarged The commercial/industrial property at 12700 Mansfield Street in Detroit, MI sold for $430,000 on July 23, 2024. Property Details NOTE 12700 Buildings are nearly all torn down and the part that remains is just a shell Type: Industrial / Commercial (six connected buildings) 76,464 Size: 30,337 square feet 5.62 Subject Value 430,000.00 Lot Size: 1.76 acres Based on Sale of the Subject on Year Built: 1953 30,337.00 Sale Date: July 23, 2024 76,666 199,670 Bldg 1 Sec 1 is the only structure preserved even in part 14,547.50 Land value per square foot 2.60 Shaded in Blue in the building schematic above Remaining Value for Building 230,330.00 Value per SF of Bldg not fully demolished 15.83 Comp 1 The commercial property at 14300 Meyers Road, Detroit, MI 48227 last sold for $400,000 in November 2025. [1, 2] Property Overview Property Type: Industrial / Commercial Building Square Footage: ~15,778 sq. ft. Year Built: 1951 Features: 20-foot ceilings, upgraded 3-phase electrical power, multiple loading bay doors, and sits on a 0.57-acre lot. Land Bldg Total SP Acres 0.57 SF/Acre 43,560 SF 24,829 15,778 Price/SF 2.58 21.29 64,045 335,955 400,000 Comp 2 The commercial property located at 14225 Schaefer Hwy, Detroit, MI 48227 most recently sold for $500,000 on January 12, 2026. Prior to this transaction, the 43,848-square-foot industrial/specialty building had been listed on the market at various higher price points, ranging from $599,900 to $699,900. Lot Size: 1.78 AC / ~77,537 SF (or 1.75 AC depending on the public record source) Building Size: 54,048 SF Land Bldg Total SP Zoning: M4 (Industrial District) SF 77,537 54,048 Year Built: 1950 Price/SF 2.58 5.55 200,000 300,000 500,000 Comp 3 The property at 12750 Mansfield St, Detroit, MI 48227 last sold for $240,000 on June 30, 2023. Key facts about the property: Type: Commercial / Residential parcel history Last Sold: June 30, 2023, for $240,000 Lot Size: Approximately 54,450 sq ft (or listed across records with large commercial building footprints up to 13,700 sq ft Land Bldg Total SP 240,000 SF 54,450 13700 Price/SF 2.57 7.30 140,000 100,000 240,000 Submitted by: s: Christopher Wylie 9/8/2026 Land Value per City supported by sales This is the view of the remaining building from the North looking south across the land cleared with the demo of 12750 Mansfield
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