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    12021 Harper Ave Detroit, MI 48213

    Sponsored
    For Lease
    Contact for pricing

    High-traffic Detroit retail space available.

    Lot size:
    15,860 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 15,860-square-foot retail space, located at 12021 Harper Avenue in Detroit, Michigan, presents a significant opportunity for a supermarket operator. The property sits on a 1.25-acre lot and is zoned B-4, allowing for a variety of commercial uses. Currently, the entire building is vacant, offering a blank canvas for a new tenant to customize the space to their exact specifications. The single-tenant occupancy ensures complete control and flexibility for the future business. The property's prime location in Wayne County, with its zip code 48213, provides excellent access to a large customer base. The building's substantial size offers ample room for a full-service supermarket, including extensive shelving, storage areas, and potentially even an on-site bakery or deli. This is a rare opportunity to secure a large, well-located retail space in a thriving Detroit neighborhood. The property's size and zoning make it ideal for a variety of retail concepts, but its suitability for a supermarket is particularly noteworthy given the current vacancy and the ample space available. Interested parties should act quickly to secure this exceptional opportunity. The property is available for lease.

    Property Features for 12021 Harper Ave

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    15,860 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    15,860 SF

    HighLights

    • 15,860 SF building on 1.25 acres.
    • Large open floor plan, ideal for various uses including assembly halls, religious facilities, and retail.
    • B‑4 Zoning.
    • Excellent location near I‑94, Conner Road, and Coleman Young Airport.
    • Land contract terms negotiable.
    Property Profile Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -82.9839517
    Latitude
    42.399485

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    FAQs

    What type of property is this?
    Individual retail property - High-traffic Detroit retail space available.
    Where is this individual retail property located?
    The property is located at 12021 Harper Ave Detroit, MI.
    What are key features of this property?
    This property features: 15,860 SF building on 1.25 acres.; Large open floor plan, ideal for various uses including assembly halls, religious facilities, and retail.; B-4 Zoning.
    Request Owner's contact information
    12021 Harper Ave Detroit, MI 48213
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    Detroit, MI 48213
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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
    12021 Harper Ave Detroit, MI 48213
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