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    19100 Lahser Rd Detroit, MI 48219

    For Sale
    $349,000

    High-traffic corner lot retail space, 1535 sq ft.

    Property size:
    1,535 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 1,535-square-foot retail property, located at 19100 Lahser Road in Detroit, Michigan, presents a remarkable investment opportunity. Situated on a highly visible corner lot at the intersection of 7 Mile and Lahser Roads, this former Burger King restaurant benefits from a hard-signaled intersection ensuring high traffic visibility. The property is zoned B-4, offering versatility for a range of commercial uses. Ample parking is provided with 8 spaces readily available for customers and employees. The building offers 1,535 square feet of usable space, currently priced at $349,000, or $227.36 per square foot. A lease option is also available at a monthly rate of $2,500 NNN. This prime location in the Wayne County, 48219 zip code, presents an excellent chance to establish or expand a business in a high-traffic area. The property's history as a successful restaurant makes it an ideal space for a variety of businesses seeking high visibility and convenient access. Don't miss this opportunity to acquire a well-positioned retail space in a thriving Detroit location.

    Property Features for 19100 Lahser Rd

    General Information

    Property type
    Retail properties
    Square Feet
    1,535 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.2577304
    Latitude
    42.4294594

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    FAQs

    What type of property is this?
    Retail property - High-traffic corner lot retail space, 1535 sq ft.
    Where is this retail property located?
    The property is located at 19100 Lahser Rd Detroit, MI.
    What is the asking price?
    The asking price for this property is $349,000.
    (248) 359-0647
    Request Owner's contact information
    19100 Lahser Rd Detroit, MI 48219
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    Detroit, MI 48219
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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
    19100 Lahser Rd Detroit, MI 48219
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