Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    5720 Davison St Hamtramck, MI 48212

    Sponsored
    For Sale
    $699,000

    Two buildings, vacant, multiple uses.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents two buildings situated on a single lot in Hamtramck, Michigan, at 5720 E Davison St, zip code 48212. Offered at $699,000, this property is currently vacant and presents a multitude of potential uses. The property's classification includes industrial, mixed-use, and self-storage designations, offering significant flexibility for prospective buyers. The buildings are suitable for a variety of commercial ventures, including, but not limited to, a dealership. The property's location in Wayne County provides convenient access to major transportation routes, enhancing its logistical appeal. The substantial size of the lot and the presence of two separate buildings offer considerable development potential. This is a unique chance to acquire a versatile property in a dynamic location, ideal for entrepreneurs and investors seeking a high-return opportunity. The property is being sold by the owner and is ready for immediate occupancy. Interested parties are encouraged to schedule a showing to fully assess the potential of this remarkable offering. The property's latitude and longitude coordinates are 42.4215933 and -83.0450527 respectively.

    Property Features for 5720 Davison St

    General Information

    Property type
    Self storage facilities

    HighLights

    • $699,000 asking price.
    • Vacant industrial property, suitable for mixed‑use or self‑storage.
    • Distribution/warehouse subtype in Hamtramck, MI.
    • Located at 5720 E Davison St, Hamtramck, MI 48212.
    • For sale by owner.
    • Two buildings on the lot, potential for various uses including a dealership.
    Property Profile Location Intelligence

    Current Use by Public Records

    Self storage facilities

    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
    Hamtramck
    County
    Wayne
    State
    Michigan
    Longitude
    -83.0450527
    Latitude
    42.4215933

    Nearby Similar for Sale

    • $600,000
      7,005 SF

      Hamtramck Commercial Opportunity

      Commercial property with flexible space and artist studios in Hamtramck.
      2932 Caniff St, Hamtramck, MI 48212
      View Details
    • $600,000
      6,016 SF

      Hamtramck Commercial Property on Conant

      Versatile commercial property on vibrant Conant Street, Hamtramck.
      9819 Conant St, Hamtramck, MI 48212
      View Details
    • $450,000
      5,000 SF

      Hamtramck Multi-Family Investment Opportunity

      Well-maintained duplex in a high-demand area, ideal for investors.
      2285-2291 Alice St, Hamtramck, MI 48212
      View Details
    • $209,500
      0.07 Acres

      Hamtramck Multi-Family Brick Home

      Multi-family brick home in a fantastic location near Detroit.
      6750 Buhr St, Hamtramck, MI 48212
      View Details
    • $299,900
      2,498 SF

      Hamtramck Multi-Family Home

      Spacious multi-family home with income potential in Hamtramck's heart.
      3017 Jacob St, Hamtramck, MI 48212
      View Details
    • $1,617,645
      11,060 SF

      Hamtramck Dollar General Investment Opportunity

      Dollar General in Hamtramck, MI with over 3 years term.
      3812 E Davison St, Hamtramck, MI 48212
      View Details
    • $289,100

      Remodeled Multifamily Home Near Downtown

      Remodeled multifamily home near downtown Hamtramck with income potential.
      2932 Evaline St, Hamtramck, MI 48212
      View Details
    • $324,900

      Hamtramck Multifamily Investment Opportunity

      Multifamily property with income potential in a high-demand area.
      2361 Caniff St, Hamtramck, MI 48212
      View Details
    • $600,000

      Turnkey Bar in Hamtramck

      Fully operational bar for sale in vibrant Hamtramck.
      8848 Joseph Campau St, Hamtramck, MI 48212
      View Details
    • $229,900

      Move-in Ready Multi-Family Home

      Well-maintained multi-family home with income opportunity for investors or owner-occupants.
      3868 Doremus St, Hamtramck, MI 48212
      View Details
    • $224,900

      Hamtramck Multi-Family Investment Opportunity

      Multi-family home in Hamtramck with income potential.
      3874 Comstock St, Hamtramck, MI 48212
      View Details
    • $229,999

      Hamtramck Two-Unit Investment Property

      Two-unit apartment building in Hamtramck with updated units.
      2231 Andrus St, Hamtramck, MI 48212
      View Details

    FAQs

    What type of property is this?
    Self storage facility - Two buildings, vacant, multiple uses.
    Where is this self storage facility located?
    The property is located at 5720 Davison St Hamtramck, MI.
    What is the asking price?
    The asking price for this property is $699,000.
    What are key features of this property?
    This property features: $699,000 asking price.; Vacant industrial property, suitable for mixed-use or self-storage.; Distribution/warehouse subtype in Hamtramck, MI.
    Request Owner's contact information
    5720 Davison St Hamtramck, MI 48212
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5720 Davison St
    Hamtramck, MI 48212
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    5720 Davison St Hamtramck, MI 48212
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.