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Property profile & analytics
OFF-MARKET
Commercial real estate

Van Dyke St Detroit, MI 48234

0.21 ac lot Built 1956
Property ID
Property summary
AI-generated overview

This exceptional Detroit commercial investment opportunity encompasses three buildings situated on a 0.21-acre lot, including adjacent lot ID# 15005774 (measuring 35x116 feet). The property includes two buildings at 1400 square feet each, featuring solid construction with concrete roofs. Both buildings boast newer furnaces and air conditioning units, ensuring efficient and comfortable operation. Currently occupied by long-term, reliable tenants who desire to remain, one building is configured as a two-office and lobby setup, ideal for professional services, while the other functions as a retail boutique, showcasing the property's versatility. The property benefits from convenient parking in both a dedicated lot and via alley access. High visibility from the street ensures excellent exposure for businesses. The asking price for this three-building package is $185,000. Proof of funds or pre-approval is required before scheduling a viewing. Note that an additional property at 20495 is available separately for $120,000 and includes a vacant lot on Stotter Street (MLS #2025005255).

Property profile
Verified
Property type Commercial real estate
Year built 1956
Lot 0.21 ac (9,148 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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