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    3814 Vinewood St Detroit, MI 48208

    Sponsored
    For Sale
    $495,000

    1.69-acre manufacturing site, $495,000.

    Property size:
    12,838 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional 1.69-acre industrial property, located at 3814 Vinewood Street in Detroit, Michigan, presents a unique redevelopment opportunity. The existing 12,838 square foot building, classified as Class C, is currently in shell condition and requires complete rebuilding. The property boasts a desirable M-3 zoning designation, allowing for a wide range of manufacturing uses. The building features two stories with impressive ceiling heights ranging from 12 to 18 feet. The asking price is $495,000, translating to $38.56 per square foot. Currently, there is no power available on the site. This property is available for immediate purchase and offers significant potential for an investor or developer seeking a substantial project in a prime Detroit location. The property's size and zoning make it ideal for a variety of manufacturing ventures. The substantial lot size provides ample space for expansion or additional development. The address is within Wayne County, Michigan, and the zip code is 48208. This is a blank canvas for a new industrial facility in a strategic location. Buyers should be prepared for a complete renovation or new construction project.

    Property Features for 3814 Vinewood St

    General Information

    Property type
    Manufacturing properties
    Square Feet
    12,838 SF
    Class
    C
    Lot Size
    73,616 SF

    Building Details

    Stories
    2

    HighLights

    • 12,838 SF Available for Lease
    • 12'-18' Clear Ceiling Height
    • M‑3 Zoning
    • Building Requires Complete Renovation
    • No Existing Utilities
    • Immediate Occupancy Available
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop 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
    -83.0999218
    Latitude
    42.3360756

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    FAQs

    What type of property is this?
    Manufacturing property - 1.69-acre manufacturing site, $495,000.
    Where is this manufacturing property located?
    The property is located at 3814 Vinewood St Detroit, MI.
    What is the asking price?
    The asking price for this property is $495,000.
    What are key features of this property?
    This property features: 12,838 SF Available for Lease; 12'-18' Clear Ceiling Height; M-3 Zoning
    Request Owner's contact information
    3814 Vinewood St Detroit, MI 48208
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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
    3814 Vinewood St Detroit, MI 48208
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