20250 Plymouth Rd, Detroit, MI
Retail property available for sale in Detroit, Michigan.
- Added:
- Mar 5, 2025
- Days on Market:
- 472
- Last Refresh:
- May 20 at 8:38 pm
Property Features for 20250 Plymouth Rd
General Information
- Standard status
- Active
- Size
- 2,413 SF
- Lot size
- 0.70 Acres
- Property subtype
- RETAIL
Properties For Sale
at 20250 Plymouth Rd Contact us
Listing agent Michael Carter License #6501369793 (586) 549-4260
Listing office SRS Real Estate Partners | Detroit (586) 549-4260
Listing date Mar 5, 2025
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of SRS Real Estate Partners | Detroit
HighLights
- Property is zoned B‑4 General Business, providing for a wide range of retail and business uses.
- Former national QSR tenant no longer occupies the building.
- Former tenant is not paying rent.
- Property taxes equaled $8,019 (per 2023 Tax Bill).
Overview
Local Financial Insights For Specialty 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 | $44.9k | $18.60 |
| − Vacancy | −$2.4k | −$1.00 |
| EGI | $42.5k | $17.60 |
| − OpEx | −$10.6k | −$4.40 |
| NOI | $31.8k | $13.20 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -83.2396
- Latitude
- 42.3723
