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    16180 Meyers Rd Detroit, MI 48235

    For Sale
    $225,000

    Stand-alone building suitable for office, retail, and medical use.

    Property size:
    5,522 SF
    Lot size:
    0.18 Acres

    Property Features for 16180 Meyers Rd

    General Information

    Size
    5,522 SF
    Lot size
    0.18 Acres

    Source: PA Commercial Agent Kevin Bull

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

    Overview

    Stand-Alone Building with Potential

    This stand-alone building offers potential for various uses, including office, retail, bakery, catering, daycare, and medical purposes. It is suitable for medium-sized businesses and large non-profits. The building features a large open area with private offices. Security and internet are already in place. A kitchen is also available. The property has a size of 5522 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    African Bureau for Immigration ... Non-Profit Organization LIFT Women's Resource ... Addiction Treatment Center

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.1694769
    Latitude
    42.4107239

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    FAQs

    What type of property is this?
    Retail space - Stand-alone building suitable for office, retail, and medical use.
    Where is this retail space located?
    The property is located at 16180 Meyers Rd Detroit, MI.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: - Versatile stand-alone building suitable for various uses (office, retail, bakery, catering, daycare, medical).; - Motivated landlord offering build-to-suit options.; - Large open area with private offices.
    (258) 358-5361
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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
    16180 Meyers Rd Detroit, MI 48235
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