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    13633 Grand River Ave Detroit, MI 48227

    Sponsored
    For Lease
    $5 SF/Yr ($2,997 /Mo)

    6,851 SF Manufacturing/Flex Space in Detroit

    Lot size:
    6,851 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 6,851-square-foot industrial property, located at 13633 Grand River Avenue in Detroit, Michigan, 48227, presents a compelling investment opportunity. Built in 1940, this single-story building sits on a 0.36-acre lot with 132 feet of frontage and features one loading dock, one dock-high door, and one drive-in door. The property is zoned M4 Intensive Industrial District (APN: W22I006944C6) and offers significant potential for redevelopment or renovation. Its prime location provides easy access to I-96, ensuring high traffic visibility. The sale price is $499,000, or the property can be leased for $3,000 per month NNN. Note that the property includes two additional parcels (13645 W Grand River & 13649 W Grand River). A potential green zone designation is subject to spacing requirements and conditional land use hearing approval. This single-tenant building offers a versatile space suitable for manufacturing, flex, or warehouse uses. The property's strategic location and zoning make it an attractive option for businesses seeking a prominent presence in Detroit's industrial sector.

    Property Features for 13633 Grand River Ave

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,851 SF
    Total Rate
    2997.31

    Building Details

    Year Built
    1940
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    6,851 SF
    Rate per SF
    $5

    HighLights

    • Excellent redevelopment or renovation opportunity.
    • High‑traffic location near I‑96.
    • M4 Intensive Industrial District zoning (includes general commercial).
    • Includes two additional parcels (13645 & 13649 W Grand River).
    • $499,000 sale price or $3,000/month NNN lease.
    • Potential green zone designation (subject to approvals).
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.178981793684
    Latitude
    42.384927084304

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    FAQs

    What type of property is this?
    Distribution property - 6,851 SF Manufacturing/Flex Space in Detroit
    Where is this distribution property located?
    The property is located at 13633 Grand River Ave Detroit, MI.
    What is the lease rate?
    The lease rate is $5 SF/Yr.
    What are key features of this property?
    This property features: Excellent redevelopment or renovation opportunity.; High-traffic location near I-96.; M4 Intensive Industrial District zoning (includes general commercial).
    Request Owner's contact information
    13633 Grand River Ave Detroit, MI 48227
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    Detroit, MI 48227
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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
    13633 Grand River Ave Detroit, MI 48227
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