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6-Bay Commercial Warehouse

4620 N 7 Mile Road, Detroit, MI 48234

For Sale
New
$179,900

Commercial zoning applies, and the sale includes an adjoining vacant lot.

Property Size4,566 SF
Price / SF$39.40
Days on Market1

Property Features for 4620 N 7 Mile Road

General Information

Standard status Active
Size 4,566 SF
Property subtype Commercial
Zoning Commercial

Site & Location

Neighborhood Grant
Road Access Yes

Taxes and HOA fees

Annual Taxes $7,356

Building Details

Building Size 4,566 SF
Year Built 1968
Buildings 1
Listing Agency: Royal Real Estate LLC
Listed By: Adebisi M Adegboyega · License MI #6502380645
Source: Buskardgroup
Added: Nov 13 Last Checked: Nov 13 at 2:00PM

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 Royal Real Estate LLC

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

The 6-bay warehouse contains 4,566 square feet and was built in 1968. Commercial zoning is reported for the property. The sale also includes a vacant lot identified as 4616 E. 7 Mile Road.

The buyer must obtain City of Detroit approval for the intended business use.

Key Highlights

  • 6‑bay commercial building with 4,566 square feet
  • Built in 1968
  • Commercial zoning

Property Analytics

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

Current Use

Retail space

Suggested Use

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

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

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

330
Businesses Nearby
Under-served
Demand for This Use

Demographics for 48234, MI

31,442
Population
15,688
Households
2
Avg Household Size
36
Median Age
11%
College-Educated
84%
High-School Grad
7.8 sq mi
ZIP Area
4,031
Density / Sq Mi
$36,473
Median Household Income
$31,587
Median Earnings
$965
Median Rent
$57,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Warehouses in Detroit, MI

$50.41 Jul
$66.39 Aug
$59.21 Sep
$67.38 Oct

Properties on Market for Warehouses 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

What type of property is this?
Warehouse - Commercial zoning applies, and the sale includes an adjoining vacant lot.
Where is this warehouse located?
The property is located at 4620 N 7 Mile Road Detroit, MI.
What is the asking price?
The asking price for this property is $179,900.
What are key features of this property?
This property features: 6‑bay commercial building with 4,566 square feet; Built in 1968; Commercial zoning
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