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    19200 Joy Rd. Rd Detroit, MI 48228

    For Sale
    $96,900

    Retail property with high potential in a vibrant Detroit location.

    Lot size:
    0.15 Acres

    Property Features for 19200 Joy Rd. Rd

    General Information

    Lot size
    0.15 Acres

    Building Details

    Year built
    1957

    Source: Ambassador Real Estate Inc Agent Sharon Smith

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

    Overview

    Retail Opportunity in High-Traffic Area

    This retail property presents a business opportunity for entrepreneurs and investors. Located in a high-traffic area, the property is surrounded by residential neighborhoods and established businesses. The property features secure parking. Offered AS-IS, the property has experienced some fire damage. All data and measurements are approximate and deemed reliable but not guaranteed. Buyer/buyer agent to verify all information provided. A Michigan licensed real estate agent is to be present at showings. The property has the potential to be transformed into various businesses, such as a cigar bar, beauty salon, or clothing store.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Map

    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.218
    Latitude
    42.3544

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    FAQs

    What type of property is this?
    Storefront property - Retail property with high potential in a vibrant Detroit location.
    Where is this storefront property located?
    The property is located at 19200 Joy Rd. Rd Detroit, MI.
    What is the asking price?
    The asking price for this property is $96,900.
    What are key features of this property?
    This property features: - High-traffic location surrounded by residential areas and established businesses; - Limitless potential for various business types; - Secure parking for customers and staff
    (248) 552-7590
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    19200 Joy Rd. Rd Detroit, MI 48228
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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
    19200 Joy Rd. Rd Detroit, MI 48228
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