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    10829 E Jefferson Ave Detroit, MI 48214

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    For Sale
    $425,000

    Portfolio includes land, buildings, and parking on Jefferson Avenue.

    Lot size:
    1.00 Acre

    Property Features for 10829 E Jefferson Ave

    General Information

    Lot size
    1.00 Acre

    Building Details

    Year built
    1941

    Source: Tower Real Estate Agent Lisa Debs

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

    Overview

    Jefferson Avenue Commercial Land Portfolio

    This portfolio features an entire front-facing block on E. Jefferson Avenue. It includes 185,000 square feet of contiguous land, two one-story buildings (one leased, one vacant), one gated parking lot (leased), and three vacant lots. The properties are located at 10805, 10817, 10829, 10835, 10839, and 10845 E Jefferson.
    Insight Report Location Intelligence

    Current Use by Public Records

    Hustle Flow Lab Gym

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.135344
    Latitude
    42.269562

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    FAQs

    What type of property is this?
    Commercial land - Portfolio includes land, buildings, and parking on Jefferson Avenue.
    Where is this commercial land located?
    The property is located at 10829 E Jefferson Ave Detroit, MI.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: - 185,000 SF of contiguous land offers a substantial development opportunity.; - One entire front facing block on E. Jefferson provides excellent visibility.; - Portfolio includes multiple properties: buildings and vacant lots, offering diverse possibilities.
    (313) 505-3713
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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
    10829 E Jefferson Ave Detroit, MI 48214
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