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    8611 Grinnell Ave Detroit, MI 48213

    Sponsored
    For Lease
    Contact for pricing

    Massive industrial lot, ample parking, M-2 zoning.

    Lot size:
    248,292 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 5.7-acre industrial lot, located at 8611 Grinnell Ave, Detroit, MI 48213 (cross streets: Grinnell & Erwin, APN: 17002205), presents a significant opportunity for various industrial uses. Zoned M-2 Industrial, this property offers substantial space for a multitude of applications. The lot boasts 150 total parking spaces, ideal for accommodating heavy equipment, semi-trucks, and commercial vehicles. Its solid concrete ground provides a durable and stable surface. The property's gated and secured nature ensures safety and security. Its strategic location near the city airport and major highways provides excellent accessibility. Suitable uses include heavy equipment parking, semi-truck storage, truck driving schools, contractor yards, chassis and container storage, and storage of materials such as dumpsters, boulders, rock salt, soil, and sand. The property is categorized as Land, Industrial, and Special Purpose, with a multiple tenancy designation. This expansive lot offers a unique chance to establish a thriving industrial operation in a prime Detroit location.

    Property Features for 8611 Grinnell Ave

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    248,292 SF

    Unit(s) available at that property

    Space
    Size
    248,292 SF

    HighLights

    • Excellent for heavy equipment, semi‑truck, and commercial vehicle storage.
    • Suitable for a truck driving school or contractor yard.
    • Ample space for chassis, containers, and dumpster storage.
    • Ideal for bulk material storage, including boulders, rock salt, soil, and sand.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Map

    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.017628854898
    Latitude
    42.400951122744

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    FAQs

    What type of property is this?
    Flex space - Massive industrial lot, ample parking, M-2 zoning.
    Where is this flex space located?
    The property is located at 8611 Grinnell Ave Detroit, MI.
    What are key features of this property?
    This property features: Excellent for heavy equipment, semi-truck, and commercial vehicle storage.; Suitable for a truck driving school or contractor yard.; Ample space for chassis, containers, and dumpster storage.
    Request Owner's contact information
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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
    8611 Grinnell Ave Detroit, MI 48213
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