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    14313 Jefferson Ave Detroit, MI 48215

    For Sale
    $150,000

    Detroit Retail Space - $150,000

    Property size:
    3,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 3,500 square foot retail property, located at 14313 E. Jefferson Ave in Detroit, Michigan, presents a compelling investment opportunity. Situated in the up-and-coming Jefferson Chalmers neighborhood, this stand-alone building is zoned B-4, offering significant redevelopment potential. The asking price is $150,000, translating to a price per square foot of $42.86. The property's prime location along Jefferson Avenue provides excellent visibility and accessibility. Its substantial size allows for a variety of commercial uses, making it ideal for entrepreneurs and investors seeking a high-impact venture. The building's existing structure provides a solid foundation for a complete renovation or adaptive reuse, catering to a range of business needs. With its strategic location and flexible zoning, this property offers a unique chance to capitalize on the revitalization of the Jefferson Chalmers area. The property is located in Wayne County, Michigan, with a zip code of 48215. This is a rare opportunity to acquire a substantial retail space in a rapidly developing Detroit neighborhood. The property's size and zoning provide considerable flexibility for future development and adaptation to meet the demands of a growing market. Don't miss this chance to own a piece of Detroit's vibrant commercial landscape.

    Property Features for 14313 Jefferson Ave

    General Information

    Property type
    Retail properties
    Square Feet
    3,500 SF

    HighLights

    • 3,500 square feet available.
    • Zoned B‑4.
    • Excellent redevelopment opportunity.
    • Stand‑alone building in the up‑and‑coming Jefferson Chalmers neighborhood.
    • Sale price: $150,000 ($42.86/sq. ft.).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Christiphor Capital Management ... Financial Planner

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop 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
    -82.9451015
    Latitude
    42.3729873

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    FAQs

    What type of property is this?
    Retail property - Detroit Retail Space - $150,000
    Where is this retail property located?
    The property is located at 14313 Jefferson Ave Detroit, MI.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: 3,500 square feet available.; Zoned B-4.; Excellent redevelopment opportunity.
    (248) 799-3177
    Request Owner's contact information
    14313 Jefferson Ave Detroit, MI 48215
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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
    14313 Jefferson Ave Detroit, MI 48215
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