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    18241 Greenfield Rd Detroit, MI 48235

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    For Sale
    $199,900

    Brick building with parking, suitable for office or medical use.

    Lot size:
    0.28 Acres

    Property Features for 18241 Greenfield Rd

    General Information

    Lot size
    0.28 Acres

    Building Details

    Year built
    1962

    Source: Keller Williams Legacy Agent Iman Elsibai

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

    Overview

    Commercial Building with Renovation Potential

    This brick commercial building offers over 2,300 square feet of space. It features new windows and a large parking lot. The property is suitable for office space or medical use, and it could also be converted into a multi-family dwelling. Interior renovations have been started but are not yet completed, offering an opportunity for customization. Land contract terms are available.
    Insight Report Location Intelligence

    Current Use by Public Records

    One of Five Sisters ... Jewelry Designer Academy Family Dental ... Dentist Dr. Wendell Scales, ... Dentist Stein Leon D ... Dentist

    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
    -83.1999762
    Latitude
    42.4237525

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    FAQs

    What type of property is this?
    Office space - Brick building with parking, suitable for office or medical use.
    Where is this office space located?
    The property is located at 18241 Greenfield Rd Detroit, MI.
    What is the asking price?
    The asking price for this property is $199,900.
    What are key features of this property?
    This property features: - Over 2,300 square feet of space offers significant flexibility; - Large parking lot provides ample parking for customers or tenants; - Brand new windows enhance energy efficiency and aesthetics
    (313) 752-0000
    Request Owner's contact information
    18241 Greenfield Rd Detroit, MI 48235
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    Detroit, MI 48235
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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
    18241 Greenfield Rd Detroit, MI 48235
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