19151 KELLY Road, Detroit, MI 48224
Real Estate Only - Detroit, MI
- Added:
- May 1, 2023
- Days on Market:
- 1138
- Last Refresh:
- Jun 11 at 9:06 pm
Property Features for 19151 KELLY Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Commercial
- Standard status
- Active
- APN
- W21I057216S
- Size
- 3,120 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3763
Building Details
- Year built
- 1953
- Floors in Building
- 1
- Building materials
- Brick
- Architectural style
- Other
Listing agent Leonard A Pickett III (248) 440-2268
Listing office RCH Brokerage Legacy Inc 21411 Civic Center Dr Ste 2200, Southfield, MI (248) 440-2268
Listing date May 1, 2023
Copyright © 2026 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.
HighLights
- Income‑producing corner strip property.
- High traffic location.
- Close proximity to I‑94 freeway.
- Near Eastland shopping center.
- Borders East Point and Harper Woods.
- Includes multiple parcels: 19133, 19143, 19147, 19151 Kelly.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $58.0k | $18.60 |
| − Vacancy | −$3.1k | −$1.00 |
| EGI | $54.9k | $17.60 |
| − OpEx | −$16.5k | −$5.28 |
| NOI | $38.4k | $12.32 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -82.952806
- Latitude
- 42.4354853
