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    2277 W Davison St Detroit, MI 48212

    For Sale
    $300,000

    Four-story, 22-unit building with retail/office space and ample parking.

    Property size:
    25,480 SF
    Lot size:
    0.24 Acres

    Property Features for 2277 W Davison St

    General Information

    Size
    25,480 SF
    Lot size
    0.24 Acres

    Source: PA Commercial Agent Anthony Pellegrino

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Multi-Family Redevelopment Opportunity

    This four-story multi-family structure, featuring 22 units and first-floor office and retail space, presents a redevelopment opportunity. The property includes abundant parking and is in good condition, featuring an EPDM membrane roof. Its location on Davison Rd offers a strong retail presence, with nearby businesses including Dollar Tree, Atlas Market, restaurants, and fast food, as well as the adjacent Livernois retail areas. The property is conveniently located across the street from Family Dollar and Dollar Tree and near a city bus stop, offering immediate highway access and public transportation. Situated on the border of the Dexter-Linwood and Oakman Blvd Community Neighborhoods, the property is adjacent to the Russell Woods residential area. The Dexter-Linwood area is known for its newer "tiny homes" development, visible from the nearby M-10 freeway. The neighboring Oakman Blvd Community is home to Detroit's Focus Hope Organization. A state-of-the-art $30M training facility is currently under construction in the area, announced in 2021 by the Millwrights. The property size is 25480 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.073731
    Latitude
    42.411295

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    FAQs

    What type of property is this?
    Apartment building - Four-story, 22-unit building with retail/office space and ample parking.
    Where is this apartment building located?
    The property is located at 2277 W Davison St Detroit, MI.
    What is the asking price?
    The asking price for this property is $300,000.
    What are key features of this property?
    This property features: - Multi-family redevelopment opportunity with **22 units and ground floor retail/office space.**; - Located near retail, markets, and adjacent to the Russell Woods residential neighborhood.; - **Immediate highway access and public transportation (bus stop).**
    (248) 358-5341
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    2277 W Davison St Detroit, MI 48212
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    Detroit, MI 48212
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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
    2277 W Davison St Detroit, MI 48212
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