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    11283 W Jefferson Ave Detroit, MI 48218

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    For Sale
    $149,900

    Prime commercial building with established laundromat in River Rouge, MI.

    Lot size:
    0.09 Acres

    Property Features for 11283 W Jefferson Ave

    General Information

    Lot size
    0.09 Acres

    Building Details

    Year built
    1926

    Source: 3Sixty5 Realty Agent Valerie K Zimmerman

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

    Overview

    Established Laundromat Opportunity For Sale

    This commercial building presents an established laundromat opportunity, noted as the only laundromat in River Rouge. The property is located half a block from the police station and fire department. The building features 2,120 square feet of space. The area is experiencing growth, providing an opportunity for increasing revenue. The property is located in a high-traffic area.
    Insight Report Location Intelligence

    Current Use by Public Records

    Easy wash Car Wash

    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.

    Similar Places Nearby

    Now and Forever Flower Boutique

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -82.971011
    Latitude
    42.367145

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    FAQs

    What type of property is this?
    Storefront property - Prime commercial building with established laundromat in River Rouge, MI.
    Where is this storefront property located?
    The property is located at 11283 W Jefferson Ave Detroit, MI.
    What is the asking price?
    The asking price for this property is $149,900.
    What are key features of this property?
    This property features: - Established laundromat business - the only one in River Rouge.; - Prime commercial building in a **high-traffic location**.; - 2,120 sq ft of versatile interior space.
    (734) 818-0299
    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
    11283 W Jefferson Ave Detroit, MI 48218
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