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    14105 Kercheval St Detroit, MI 48215

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    For Sale
    $475,000

    Mixed-use building with commercial space and residential units.

    Lot size:
    0.11 Acres

    Property Features for 14105 Kercheval St

    General Information

    Lot size
    0.11 Acres

    Building Details

    Year built
    1953

    Source: Jim Saros Real Estate Services Agent Spencer Ray

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

    Overview

    Mixed-Use Building Near Grosse Pointe

    This mixed-use building is located steps away from Grosse Pointe Park. The building is currently fully occupied and suitable for investors or owner-occupants. The first floor features a large commercial unit that can be divided into two spaces. The upper level contains two residential units: one 3-bedroom unit and one 2-bedroom unit. The property currently generates $3320 per month in income. A vacant lot located across the street at 13975 Kercheval is included in the sale.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    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
    -82.9511485
    Latitude
    42.3777869

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use building with commercial space and residential units.
    Where is this mixed-use property located?
    The property is located at 14105 Kercheval St Detroit, MI.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: - Fully occupied mixed-use building generating $3320/month income; - Includes vacant lot across the street; - Located steps away from Grosse Pointe Park
    (313) 924-8384
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    14105 Kercheval St Detroit, MI 48215
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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
    14105 Kercheval St Detroit, MI 48215
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