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    11287 Jefferson Ave River Rouge, MI 48218

    Sponsored
    For Sale
    $295,000

    Prime Retail/Warehouse Opportunity in River Rouge

    Property size:
    3,640 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3,640-square-foot storefront property, located at 11287 W. Jefferson Ave in River Rouge, Michigan, presents a compelling investment opportunity. Built in 1936, this single-story building sits on a 0.08-acre lot and is zoned B2, offering versatile usage potential. The property boasts a 12' clear height, ideal for various retail or warehousing applications. A significant feature is the convenient dock/overhead door situated on the northeast side of the building, facilitating efficient loading and unloading. The asking price is $295,000, translating to $81.04 per square foot. This well-maintained structure offers a blend of retail and industrial functionality, making it suitable for a wide range of businesses. Its strategic location in Wayne County, Michigan, provides excellent access to major transportation routes and a thriving local market. The property's solid construction and functional layout make it an attractive option for both established businesses seeking expansion and entrepreneurs looking for a prime location to launch their ventures. This is a rare opportunity to acquire a well-positioned commercial property in a desirable area at a competitive price. The property's zoning and features make it a versatile space ready for immediate occupancy. Don't miss this chance to own a piece of River Rouge's commercial landscape.

    Property Features for 11287 Jefferson Ave

    General Information

    Property type
    Individual retail properties
    Square Feet
    3,640 SF
    Lot Size
    3,485 SF

    Building Details

    Year Built
    1936
    Buildings
    1
    Stories
    1

    HighLights

    • 3,640 square feet available for sale.
    • 12‑foot clear ceiling height.
    • B2 zoning.
    • Suitable for retail or warehouse use.
    • Features a loading dock and overhead door on the northeast side.
    • Asking price: $295,000 ($81.04 per square foot).
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply Daycare Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    River Rouge
    County
    Wayne
    State
    Michigan
    Longitude
    -83.1366856
    Latitude
    42.2637784

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    FAQs

    What type of property is this?
    Individual retail property - Prime Retail/Warehouse Opportunity in River Rouge
    Where is this individual retail property located?
    The property is located at 11287 Jefferson Ave River Rouge, MI.
    What is the asking price?
    The asking price for this property is $295,000.
    What are key features of this property?
    This property features: 3,640 square feet available for sale.; 12-foot clear ceiling height.; B2 zoning.
    Request Owner's contact information
    11287 Jefferson Ave River Rouge, MI 48218
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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
    11287 Jefferson Ave River Rouge, MI 48218
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