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    17737 Fenkell Ave Detroit, MI 48227

    For Sale
    $200,000

    0.59-acre lot, prime business location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 0.59-acre commercial land parcel is strategically located at 17737 Fenkell Avenue in Detroit, Michigan, 48227. The property boasts a highly desirable B4 - General Business District zoning, opening doors to a wide array of commercial development opportunities. Its prime location offers easy access to major thoroughfares, including the Southfield Freeway and Grand River Avenue, ensuring excellent visibility and convenient access for customers and employees. The lot is conveniently situated near several established national businesses such as Bank of America, Popeyes, and Checkers, creating a vibrant and thriving commercial environment. The seller has already completed all due diligence documents, streamlining the acquisition process for a prospective buyer. This vacant lot presents a unique chance to establish a new business or expand an existing one in a high-traffic area with strong surrounding businesses. The property's address is 17737 Fenkell Ave, Detroit, MI 48227, with Wayne County APN 22010771-4. The asking price for this exceptional opportunity is $200,000. Don't miss this chance to secure a prime piece of Detroit real estate.

    Property Features for 17737 Fenkell Ave

    General Information

    Property type
    Land
    Lot Size
    25,700 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.2167357
    Latitude
    42.4007867

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    FAQs

    What type of property is this?
    Land - 0.59-acre lot, prime business location.
    Where is this land located?
    The property is located at 17737 Fenkell Ave Detroit, MI.
    What is the asking price?
    The asking price for this property is $200,000.
    (248) 359-9000
    Request Owner's contact information
    17737 Fenkell Ave Detroit, MI 48227
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    Detroit, MI 48227
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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
    17737 Fenkell Ave Detroit, MI 48227
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