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Property profile

5186 Davison Hamtramck, MI 48212

OFF-MARKET
Industrial properties
7,013 SF 0.39 ac lot Built 1919
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Property summary

AI-generated overview

This exceptional investment opportunity presents a substantial 7,013 square foot industrial property situated on a 0.39-acre lot in the vibrant Hamtramck, MI, area. The main building at 5186 E Davison is ideally suited for a variety of uses, making it a particularly attractive prospect for entrepreneurs seeking a large space. The property's prime location offers excellent visibility and accessibility, enhancing its overall appeal. A key feature of this offering is the inclusion of a second building, located directly behind the main structure, which presents significant potential for additional income generation through rental opportunities. This secondary building adds considerable value to the overall investment. The expansive property also boasts ample parking, a significant advantage for businesses requiring substantial space for vehicles and customer parking. The combined square footage of both buildings provides a substantial footprint for a wide range of commercial ventures. This property is being offered at $330,000, representing a compelling opportunity for investors seeking a high-return asset in a thriving location. The dual-building configuration and abundant parking make this a truly unique and versatile property. Serious inquiries are encouraged to explore the full potential of this exceptional offering.

Property profile

Verified
Property type Industrial properties
Year built 1919
Total area 7,013 SF
Lot 0.39 ac (16,988 SF)

Cap rate & NOI

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

Location

5186 Davison Hamtramck, MI 48212
Hamtramck metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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