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    3100 Jefferson Ave Detroit, MI 48207

    Sponsored
    For Sale
    $2,200,000

    17,500 SF school, prime Detroit location.

    Property size:
    17,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional investment opportunity presents a 17,500 square foot, single-story school building situated on a half-acre lot in Detroit, Michigan. Built in 1978, the property is currently occupied and boasts a prime location on East Jefferson Avenue in the Rivertown Warehouse District, minutes from downtown Detroit. The building sits within a thriving area with a population of 65,000 residents within a three-mile radius. Zoned for commercial use, this property offers ample space for various educational purposes and benefits from modern infrastructure and facilities. The asking price is $2,200,000. This well-maintained building presents a strong investment opportunity due to its location, size, and current occupancy. The property's strategic positioning on a major thoroughfare provides excellent visibility and accessibility. This is a rare chance to acquire a substantial, established school building in a desirable Detroit neighborhood. The property's history as a successful school adds to its appeal and potential for continued use in the education sector or repurposing for other commercial ventures.

    Property Features for 3100 Jefferson Ave

    General Information

    Property type
    Schools
    Square Feet
    17,500 SF
    Lot Size
    21,780 SF

    Building Details

    Year Built
    1978
    Buildings
    1
    Stories
    1

    HighLights

    • 17,500 SF building occupied by Detroit Academy of Arts and Sciences.
    • 1978 construction.
    • Minutes from Downtown Detroit.
    • Rivertown Warehouse District location.
    • High‑visibility location on East Jefferson Avenue.
    • Ample space for educational use.
    Property Profile Location Intelligence

    Current Use by Public Records

    US Naval Recruiting Military Recruiting Office Detroit Edison Public ... School

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.0173806
    Latitude
    42.3400302

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    FAQs

    What type of property is this?
    School - 17,500 SF school, prime Detroit location.
    Where is this school located?
    The property is located at 3100 Jefferson Ave Detroit, MI.
    What is the asking price?
    The asking price for this property is $2,200,000.
    What are key features of this property?
    This property features: 17,500 SF building occupied by Detroit Academy of Arts and Sciences.; 1978 construction.; Minutes from Downtown Detroit.
    Request Owner's contact information
    3100 Jefferson Ave 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
    3100 Jefferson Ave Detroit, MI 48207
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