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    2902 Orleans St Detroit, MI 48207

    For Sale
    $4,300,000

    Spacious industrial building, ideal for manufacturing.

    Property size:
    252,824 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 252,824 square foot manufacturing facility, located at 2902 Orleans St, Detroit, MI 48207, presents a significant investment opportunity. Situated on a 2.13-acre fenced lot within the vibrant Eastern Market area, this two-story building boasts impressive features. The property includes three 14' x 14' grade-level dock high doors, providing convenient access for loading and unloading. Ceiling heights range from 13 feet to an impressive 35 feet, offering ample vertical space for various manufacturing processes. The building was constructed in 1942 and is zoned M-3, allowing for a wide range of industrial uses. The asking price is $4,300,000, translating to $17.01 per square foot. With its substantial size, strategic location, and versatile features, this property is well-suited for a variety of manufacturing operations. The property's APN is 07000892. This is a single-tenant building with a net rentable area of 252,824 square feet.

    Property Features for 2902 Orleans St

    General Information

    Property type
    Manufacturing properties
    Square Feet
    252,824 SF
    Lot Size
    92,783 SF

    Building Details

    Year Built
    1942
    Buildings
    1
    Stories
    2

    HighLights

    • 252,824 SF manufacturing facility available for sale.
    • 16'-35' clear ceiling heights.
    • Three (3) 14' x 14' grade‑level loading docks.
    • Prime location in Detroit's Eastern Market.
    • Two‑story building on a fenced, 2.13‑acre lot.
    • Offered at $4,300,000 ($17.01/SF).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.038237
    Latitude
    42.350113

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    FAQs

    What type of property is this?
    Manufacturing property - Spacious industrial building, ideal for manufacturing.
    Where is this manufacturing property located?
    The property is located at 2902 Orleans St Detroit, MI.
    What is the asking price?
    The asking price for this property is $4,300,000.
    What are key features of this property?
    This property features: 252,824 SF manufacturing facility available for sale.; 16'-35' clear ceiling heights.; Three (3) 14' x 14' grade-level loading docks.
    Request Owner's contact information
    2902 Orleans St Detroit, MI 48207
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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
    2902 Orleans St Detroit, MI 48207
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