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    14305 Harper Ave Detroit, MI 48213

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    For Sale
    $1,220,000

    Single-tenant Family Dollar property with lease in place until 2027.

    Lot size:
    0.32 Acres

    Property Features for 14305 Harper Ave

    General Information

    Lot size
    0.32 Acres

    Building Details

    Year built
    1937

    Source: My Realty LLC Agent Joseph Manuel

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

    Overview

    Detroit Net Lease Investment Opportunity

    This single-tenant net lease Family Dollar property is located in Detroit, MI. The building underwent renovations in 2015. The NNN lease has 2.7 years remaining with two 5-year renewal options. Situated at the corner of Harper Avenue and Chalmers Street, the property features multiple points of entry and access. The 8,000-square-foot building is positioned on a 0.35-acre lot. The property is located in a densely populated market with strong dollar store demographics, approximately 15 minutes from downtown Detroit, MI.
    Insight Report Location Intelligence

    Current Use by Public Records

    Family Dollar Dollar Store

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop 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
    -82.9657066
    Latitude
    42.4045856

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    FAQs

    What type of property is this?
    Storefront property - Single-tenant Family Dollar property with lease in place until 2027.
    Where is this storefront property located?
    The property is located at 14305 Harper Ave Detroit, MI.
    What is the asking price?
    The asking price for this property is $1,220,000.
    What are key features of this property?
    This property features: - Single-tenant net lease Family Dollar property.; - Located at the **hard corner of Harper Avenue & Chalmers Street.**; - NNN+ lease with 2.7 years remaining and (2) 5-year renewal options.
    (248) 207-6307
    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
    14305 Harper Ave Detroit, MI 48213
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