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    2232 Davison St Detroit, MI 48238

    For Lease
    $125 SF/Yr

    Prime Detroit retail, multiple spaces available.

    Lot size:
    6,155 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional retail property, located at 2232 W Davison St in Detroit, Michigan, offers 6,155 square feet of versatile commercial space currently available for lease. The property is situated in Wayne County, zip code 48238, and presents a unique opportunity for businesses seeking a prominent location within a thriving community. The building is categorized as multi-tenant retail, allowing for flexibility in lease terms and space requirements. Individual spaces range from a minimum of 2,599 square feet to a maximum contiguous space of 3,566 square feet, providing options for businesses of various sizes. The entire 6,155 square feet is currently vacant, presenting a blank canvas for a new tenant or a group of tenants to customize to their specific needs. This prime location offers excellent visibility and accessibility, making it an ideal choice for businesses seeking high foot traffic and convenient access for customers. The property's address is easily identifiable and conveniently located within Detroit. Interested parties are encouraged to inquire about lease terms and availability. This is a rare opportunity to secure a significant retail presence in a desirable Detroit location.

    Property Features for 2232 Davison St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,155 SF
    Total Rate
    64196.65

    Unit(s) available at that property

    Space
    Option 2
    Size
    4,588 SF
    Rate per SF
    $240
    Space
    Option 1
    Size
    2,599 SF
    Rate per SF
    $300
    Space
    Option 3
    Size
    3,741 SF
    Rate per SF
    $125

    HighLights

    • 6,155 SF multi‑tenant retail space available for lease at 2232 W Davison St, Detroit, MI 48238.
    • Proposed site plan for QSR or drive‑thru (2,599 SF).
    • Existing property layout rendering available.
    • Competitor analysis provided.
    • General retail site plan (3,556 SF).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.1167616
    Latitude
    42.3952835

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    FAQs

    What type of property is this?
    Retail property - Prime Detroit retail, multiple spaces available.
    Where is this retail property located?
    The property is located at 2232 Davison St Detroit, MI.
    What is the lease rate?
    The lease rate is $125-$300 SF/Yr.
    What are key features of this property?
    This property features: 6,155 SF multi-tenant retail space available for lease at 2232 W Davison St, Detroit, MI 48238.; Proposed site plan for QSR or drive-thru (2,599 SF).; Existing property layout rendering available.
    Request Owner's contact information
    2232 Davison St Detroit, MI 48238
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    Detroit, MI 48238
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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
    2232 Davison St Detroit, MI 48238
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