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    4253 Mcgraw Ave Detroit, MI 48210

    Sponsored
    For Sale
    $99,000

    Prime Detroit development parcel, 0.7 acres, $99,000.

    Description

    Added:
    Feb 13, 2025
    Days on Market:
    328
    This exceptional 0.7-acre industrial land parcel, located at 4253 McGraw Ave, Detroit, MI 48210, presents a compelling development opportunity. The property, encompassing 30,709 square feet, is zoned M4, offering significant flexibility for various industrial projects. Its strategic location in Wayne County places it within easy reach of major thoroughfares, including the I-94 and I-96 interchange, providing excellent access to the city's core, New Center, West Warren, and West Grand Boulevard areas. The address includes both 4253 and 4255 McGraw Avenue. This well-situated lot is ready for development, making it an ideal investment for those seeking a prime location within Detroit's industrial landscape. Applications are currently being accepted through the city of Detroit's property application process. The asking price for this exceptional property is $99,000. This represents a rare chance to acquire a substantial parcel in a high-demand area, poised for significant growth and return. Don't miss this opportunity to secure your stake in Detroit's thriving industrial sector.

    Property Features for 4253 Mcgraw Ave

    General Information

    Property type
    Land

    HighLights

    • $99,000 asking price for 0.70‑acre industrial land parcel.
    • M4 zoning.
    • 30,709 square foot lot size.
    • Located in Detroit, MI, at 4253 McGraw Ave, Wayne County, zip code 48210.
    • Prime development opportunity near I‑94 and I‑96 interchange.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.113297632766
    Latitude
    42.34647696578

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    FAQs

    What type of property is this?
    Land - Prime Detroit development parcel, 0.7 acres, $99,000.
    Where is this land located?
    The property is located at 4253 Mcgraw Ave Detroit, MI.
    What is the asking price?
    The asking price for this property is $99,000.
    What are key features of this property?
    This property features: $99,000 asking price for 0.70-acre industrial land parcel.; M4 zoning.; 30,709 square foot lot size.
    Request Owner's contact information
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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
    4253 Mcgraw Ave Detroit, MI 48210
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