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Commercial Warehouse with Industrial Land
For Sale
$134,900

5341 E Nevada Street, Detroit, MI 48234

Includes a commercial-zoned warehouse plus adjacent industrial vacant land for storage, distribution, or expansion.

Property Size2,246 SF
Lot Size0.50 Acres
Days on Market71

Property Features for 5341 E Nevada Street

General Information

Standard status Active
Size 2,246 SF
Lot size 0.50 Acres
Property subtype Commercial
Zoning Commercial, Light Industri

Taxes and HOA fees

Annual Taxes $6,969

Building Details

Building Size 2,246 SF
Year Built 1958
Listing Agency: Sonic Realty LLC
Listed By: Samar Taha · License #6501426070
Source: Buyatthelake
Added: Jun 17 Changed: Aug 25 Last Checked: Aug 25 at 8:44AM

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 Sonic Realty LLC

Investment Insights

Based on property information with market context.

The offering includes a commercial warehouse at 5341 E Nevada Street together with the neighboring vacant industrial-zoned parcel at 5313 E Nevada Avenue. The improved portion provides a warehouse building suited to a range of practical industrial operations, including storage, distribution, light manufacturing, and owner-occupant use. The sale also includes the industrial land opportunity for outdoor uses such as storage, equipment parking, or expansion.

The combined package totals approximately 0.5 acres of land and is structured as a dual-parcel acquisition. The industrial vacant parcel is identified by Parcel ID: W13I007967C76. This arrangement is designed for users or buyers who want both an operational structure and additional outdoor area on the same buy.

For tenants, contractors, or owner-users, the warehouse component supports in-building operations, while the adjacent industrial-zoned land adds flexibility for yard-based activities. For buyers seeking options, the dual-parcel structure provides a straightforward way to pair an income-producing or operational building with land that can accommodate additional storage needs or redevelopment planning, subject to applicable requirements.

Key Highlights

  • Commercial‑zoned warehouse building at 5341 E Nevada Ave, built in 1958
  • Adjacent vacant parcel at 5313 E Nevada Ave included and zoned industrial
  • Dual‑parcel package totals approximately 0.5 acres of land for storage, equipment parking, or expansion

Property Analytics

Current Use

Warehouses

Suggested Use

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

364
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

Market

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Warehouse - Includes a commercial-zoned warehouse plus adjacent industrial vacant land for storage, distribution, or expansion.
Where is this warehouse located?
The property is located at 5341 E Nevada Street Detroit, MI.
What is the asking price?
The asking price for this property is $134,900.
What are key features of this property?
This property features: Commercial‑zoned warehouse building at 5341 E Nevada Ave, built in 1958; Adjacent vacant parcel at 5313 E Nevada Ave included and zoned industrial; Dual‑parcel package totals approximately 0.5 acres of land for storage, equipment parking, or expansion
More about this property
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