Building Details

Year Built 1970

Listing Agency: Reliable Realty Group LLC - Larry Quick - Intelligence

Listed By: Lawrence Quick · License #6504187552

Source: Crexi

Added: Oct 14, 2024 Changed: Aug 8 Last Checked: Aug 20 at 8:52AM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Reliable Realty Group LLC - Larry Quick - Intelligence

Investment Insights

Based on property information with market context.

This 29000 square foot property is located between two international bridges. The site was formerly an operating scrap yard.

Key Highlights

• Great Location: Situated between two international bridges.
• Former Operating Scrap Yard: Suitable for industrial or commercial redevelopment.
• Year Built: 1970

Property Analytics

Property Profile

Current Use

Industrial properties

Suggested Use

Top Pick Real Estate Agency Building Supply Spa & Massage Center Hair Salon Law Firm Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

247

Businesses Nearby

Explore this area Business Placement

Demographics for 48209, MI

27,096

Population

11,020

Households

2.5

Avg Household Size

30

Median Age

10%

College-Educated

61%

High-School Grad

6.8 sq mi

ZIP Area

3,985

Density / Sq Mi

$42,152

Median Household Income

$30,091

Median Earnings

$843

Median Rent

$82,800

Median Home Value

Market

Vacancy Rate% for Industrial in Detroit, MI

3% 2019

4.2% 2020

2.5% 2021

2.4% 2022

3% 2023

3.4% 2024

3.7% 2025

Questions? Ask Rey

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What type of property is this? Where is this industrial properties located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Industrial property - 29000 SF land, great location near international bridges.

Where is this industrial property located?

The property is located at 186 Morrell St Detroit, MI.

What is the asking price?

The asking price for this property is $1,250,000.

What are key features of this property?

This property features: Great Location: Situated between two international bridges.; Former Operating Scrap Yard: Suitable for industrial or commercial redevelopment.; Year Built: 1970