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2731 JEROME St, Detroit, MI 48212

For Sale
$485,000

Manufacturing properties

Property Size18,977 SF
Lot Size0.51 Acres
Days on Market246

Property Features for 2731 JEROME St

General Information

Standard status Active
Size 18,977 SF
Lot size 0.51 Acres
Property subtype Commercial

Site & Location

Neighborhood Cadillac Heights

Taxes and HOA fees

Annual Taxes $3,420

Building Details

Building Size 18,977 SF
Year Built 1948
Listing Agency: @properties
Listed By: Adam W Soroka · License MI #385563
Source: Elliman
Added: Mar 10 Changed: Aug 8 Last Checked: Aug 25 at 9:44AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of @properties

Rey
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Investment Insights

Based on property information with market context.

Key Highlights

  • Centrally located with close proximity to major roads & freeways (75, 94, M10, Woodward, Mound, and Davison).
  • Large, open industrial space suitable for various business purposes.
  • Gated parking lot with approximately 10‑15 spaces.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

CAN-AM Metallurgical Corporation Factory

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Restaurant Spa & Massage Center Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

303
Businesses Nearby

Demographics for 48212, MI

43,192
Population
14,739
Households
2.9
Avg Household Size
29
Median Age
16%
College-Educated
68%
High-School Grad
5.3 sq mi
ZIP Area
8,149
Density / Sq Mi
$37,293
Median Household Income
$28,894
Median Earnings
$935
Median Rent
$98,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Manufacturing properties in Detroit, MI

$47.76 Jul
$67.19 Aug
$78.76 Sep
$75.17 Oct

Properties on Market for Manufacturing properties in Detroit

Jul
Aug
Sep
Oct

Vacancy Rate% for Industrial in Detroit, MI

3% 2019
4.2% 2020
2.5% 2021
2.4% 2022
3% 2023
3.4% 2024
3.7% 2025

Frequently Asked Questions

Where is this manufacturing property located?
The property is located at 2731 JEROME St Detroit, MI.
What is the asking price?
The asking price for this property is $485,000.
What are key features of this property?
This property features: Centrally located with close proximity to major roads & freeways (75, 94, M10, Woodward, Mound, and Davison).; Large, open industrial space suitable for various business purposes.; Gated parking lot with approximately 10‑15 spaces.
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