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    14082 Grand River Ave Detroit, MI 48227

    For Sale
    $99,900

    Four Parcels, Prime Grand River Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    Exceptional opportunity to acquire four contiguous commercial land parcels totaling 0.48 acres, strategically located at 14082, 14070, 14092, and 14098 Grand River Avenue in Detroit, Michigan, zip code 48227. This prime location offers easy access to I-96 and other major freeways, ensuring excellent visibility and convenient transportation. The property is zoned M4, providing flexibility for a variety of commercial uses. Potential development options include, but are not limited to, cannabis cultivation, processing, provisioning, and lab testing; auto repair or dealership; warehousing; manufacturing; and parking. Individual lot dimensions are: 14082 Grand River (75' x 100'), 14070 Grand River (70' x 100'), 14092 Grand River (25' x 100'), and 14098 Grand River (25' x 100'). The asking price for this exceptional investment opportunity is $99,900. This represents a significant chance to capitalize on the growing commercial development in this dynamic Detroit area. The property's versatile zoning and prime location make it an ideal investment for both short-term and long-term growth. This is a rare opportunity to acquire multiple parcels in a high-traffic area with significant development potential. Don't miss out on this chance to secure a valuable piece of Detroit real estate.

    Property Features for 14082 Grand River Ave

    General Information

    Property type
    Land
    Lot Size
    20,909 SF

    HighLights

    • $99,900 asking price for a 0.48‑acre commercial land parcel.
    • M4 zoning allows for diverse uses including auto repair, cannabis cultivation, and warehousing.
    • Four contiguous parcels totaling 0.48 acres located at 14082, 14070, 14092, and 14098 Grand River, Detroit, MI 48227.
    • Prime location on Grand River Ave with convenient access to I‑96.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.1837516
    Latitude
    42.3870829

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    FAQs

    What type of property is this?
    Land - Four Parcels, Prime Grand River Location
    Where is this land located?
    The property is located at 14082 Grand River Ave Detroit, MI.
    What is the asking price?
    The asking price for this property is $99,900.
    What are key features of this property?
    This property features: $99,900 asking price for a 0.48-acre commercial land parcel.; M4 zoning allows for diverse uses including auto repair, cannabis cultivation, and warehousing.; Four contiguous parcels totaling 0.48 acres located at 14082, 14070, 14092, and 14098 Grand River, Detroit, MI 48227.
    (586) 615-0101
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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
    14082 Grand River Ave Detroit, MI 48227
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