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    7023 Kirby St Detroit, MI 48211

    Sponsored
    For Sale
    $400,000

    8,820 SF Warehouse, $400,000

    Property size:
    8,820 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional industrial property, located at 7023 E. Kirby St in Detroit, Michigan, presents a compelling investment opportunity. The property consists of two buildings, totaling 8,820 square feet, spread across three stories. Built in 1946, the warehouse boasts a desirable 13-foot ceiling height, providing ample vertical space for storage or operations. Access is facilitated by one grade-level dock-high door. The property sits on a 0.18-acre lot and includes fenced parking, offering secure storage and convenient access. The zoning is currently R-1. The asking price is $400,000, translating to a price per square foot of $45.35. This well-situated warehouse in Wayne County, zip code 48211, is available for immediate occupancy, making it an ideal choice for businesses seeking a functional and strategically located space in Detroit. The property's combination of size, features, and location makes it a strong contender for a variety of industrial uses. This is a rare opportunity to acquire a well-maintained warehouse in a thriving area of Detroit.

    Property Features for 7023 Kirby St

    General Information

    Property type
    Distribution properties
    Square Feet
    8,820 SF
    Lot Size
    7,841 SF

    Building Details

    Year Built
    1946
    Buildings
    2
    Stories
    3

    HighLights

    • 8,820 square feet available
    • 13' clear height
    • One grade‑level dock‑high door
    • R‑1 zoning
    • Fenced parking
    • Immediate occupancy available
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    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
    -83.022175
    Latitude
    42.3766684

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    FAQs

    What type of property is this?
    Distribution property - 8,820 SF Warehouse, $400,000
    Where is this distribution property located?
    The property is located at 7023 Kirby St Detroit, MI.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: 8,820 square feet available; 13' clear height; One grade-level dock-high door
    Request Owner's contact information
    7023 Kirby St Detroit, MI 48211
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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
    7023 Kirby St Detroit, MI 48211
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