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    9171 Fort St Detroit, MI 48209

    Sponsored
    For Sale
    $185,000

    0.8-acre commercial/industrial lot in Detroit.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    395
    This exceptional 0.8-acre commercial and industrial land parcel, located at 9171 W Fort St in Detroit, Michigan, presents a compelling investment opportunity. Priced at $185,000, this property boasts a sizable lot measuring 103 feet by 338 feet, offering ample space for various development projects. Its strategic location within Wayne County, zip code 48209, provides immediate access to major freeway arteries, ensuring seamless transportation and logistics. The property's zoning designation is M-4. Furthermore, its proximity to the Gordie Howe Bridge positions it advantageously within the rapidly expanding Delray neighborhood of Detroit. This prime location offers significant potential for businesses seeking convenient access to major transportation routes and a thriving, growing community. The property's size and zoning make it suitable for a range of commercial and industrial uses, presenting a unique opportunity for investors and developers alike. This is a rare chance to acquire a well-situated parcel in a dynamic and rapidly developing area of Detroit.

    Property Features for 9171 Fort St

    General Information

    Property type
    Land
    Lot Size
    34,848 SF

    HighLights

    • 0.8‑acre commercial/industrial lot in Detroit, MI.
    • $185,000 asking price.
    • 103' x 338' lot size.
    • M‑4 zoning.
    • Excellent freeway access.
    • Near Gordie Howe Bridge in the rapidly developing Delray neighborhood.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -83.129058556758
    Latitude
    42.296484457211

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    FAQs

    What type of property is this?
    Land - 0.8-acre commercial/industrial lot in Detroit.
    Where is this land located?
    The property is located at 9171 Fort St Detroit, MI.
    What is the asking price?
    The asking price for this property is $185,000.
    What are key features of this property?
    This property features: 0.8-acre commercial/industrial lot in Detroit, MI.; $185,000 asking price.; 103' x 338' lot size.
    Request Owner's contact information
    9171 Fort St Detroit, MI 48209
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    Detroit, MI 48209
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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
    9171 Fort St Detroit, MI 48209
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