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    2584-2570 Stoepel St Detroit, MI 48238

    For Sale
    $400,000

    9,892 SF Warehouse, Ideal for Auto Repair

    Property size:
    9,892 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 9,892 square foot industrial warehouse, situated on a 0.35-acre lot in Detroit, Michigan, presents a unique investment opportunity. Built in 1964, this two-story building boasts three loading docks, ample parking for ten vehicles, and is conveniently located near the Lodge and I-96 freeways, offering easy access to major transportation routes. The property is currently vacant and zoned B4 & R2, making it perfectly suited for a variety of uses, particularly auto repair businesses. Its prime location also places it within 15 minutes of Downtown Detroit and offers proximity to local restaurants and shopping amenities. The asking price for this owner-user investment property is $400,000. The property includes two parcel numbers: 16-0240406 & 16-048882. This is a single-tenant property with significant potential for a savvy investor or business owner seeking a well-located, functional space. Don't miss this chance to acquire a versatile industrial property in a thriving area.

    Property Features for 2584-2570 Stoepel St

    General Information

    Property type
    Automotive properties
    Square Feet
    9,892 SF
    Lot Size
    15,246 SF

    Building Details

    Year Built
    1964
    Stories
    2

    HighLights

    • 9,892 SF industrial building for sale
    • Convenient freeway access via Lodge & I‑96
    • 0.35‑acre lot
    • Suitable for auto repair businesses
    • Excellent proximity to restaurants and shopping
    • 15‑minute commute to Downtown Detroit
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.1403575
    Latitude
    42.3915004

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    FAQs

    What type of property is this?
    Automotive property - 9,892 SF Warehouse, Ideal for Auto Repair
    Where is this automotive property located?
    The property is located at 2584-2570 Stoepel 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: 9,892 SF industrial building for sale; Convenient freeway access via Lodge & I-96; 0.35-acre lot
    Request Owner's contact information
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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
    2584-2570 Stoepel St Detroit, MI 48238
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