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    11850 E Mcnichols Rd Detroit, MI 48205

    For Sale
    $50,000

    Real Estate Only - Detroit, MI

    Property size:
    2,214 SF
    Lot size:
    0.09 Acres
    Days on Market:
    69
    Last Refresh:
    Dec 8 at 2:06 am

    Property Features for 11850 E Mcnichols Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    W21I020074C5
    Size
    2,214 SF
    Lot size
    0.09 Acres

    Building Details

    Year built
    1960
    Building materials
    Block, Brick
    Architectural style
    Other

    SCS Great Lakes INC (586) 541-4000 [email protected]

    Listing agent Erick Monzo (586) 541-4000

    Listing date Oct 1, 2025

    MLS# 20251040444 Listing URL

    Copyright © 2025 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Detroit Commercial Building Opportunity

    This commercial building property presents a restoration opportunity in Detroit's LaSalle College Park neighborhood. Interested buyers are required to submit a proposal that includes a project proposal outlining the intended use and timeline, proof of funds, a scope of work detailing renovation costs, and proof of previous projects with addresses and photos. The sale is contingent on the execution of a Renovation/Development Agreement with the Detroit Land Bank Authority (DLBA). The DLBA is entitled to a tax recapture for the five tax years following the transfer of ownership, which may affect certain abatements or lot combinations. Waiver requests will be considered individually and may require a payment in lieu of taxes, determined after review of the development pro forma and financing. The property is zoned for commercial use and has a size of 2214 square feet on a lot of approximately 0.09 acres.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.001782
    Latitude
    42.420402

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    FAQs

    What type of property is this?
    Commercial land - Commercial building opportunity in Detroit's LaSalle College Park neighborhood.
    Where is this commercial land located?
    The property is located at 11850 E Mcnichols Rd Detroit, MI.
    What is the asking price?
    The asking price for this property is $50,000.
    What are key features of this property?
    This property features: - Commercial building opportunity in the LaSalle College Park neighborhood.; - Potential for restoration and redevelopment.; - Construction materials include block and brick.
    (586) 541-4000
    Request Owner's contact information
    11850 E Mcnichols Rd Detroit, MI 48205
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    11850 E Mcnichols Rd Detroit, MI 48205
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