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    20035 Plymouth Rd Detroit, MI 48228

    Sponsored
    For Sale
    $825,000

    10,330 SF Vacant Daycare, $825,000

    Property size:
    10,330 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 10,330-square-foot retail space, located at 20035 Plymouth Road in Detroit, Michigan, presents a remarkable investment opportunity. Currently vacant, this property is ideally suited for a daycare or nursery, boasting a recent, comprehensive renovation completed in 2022. The building's systems are completely updated, including a new roof, electrical, plumbing, and HVAC. The spacious layout offers ample room for various daycare needs, and a bonus mezzanine area provides additional usable space not included in the 10,330 square foot total. Situated in Wayne County, this property enjoys a prime location just off the corner of Evergreen and Plymouth Roads, conveniently positioned between Southfield and Telegraph Roads, and less than a mile from I-96, ensuring high visibility and accessibility. The asking price is $825,000, translating to $79.86 per square foot. The property is ready for immediate occupancy, eliminating the need for extensive upfront renovations. This turnkey solution offers a significant advantage for prospective daycare operators seeking a move-in ready space in a high-traffic area. The building's excellent condition and strategic location make it an exceptional investment prospect.

    Property Features for 20035 Plymouth Rd

    General Information

    Property type
    Day care centers
    Square Feet
    10,330 SF

    Building Details

    Year Renovated
    2022

    HighLights

    • $825,000 asking price for a vacant 10,330 SF retail building.
    • Located at 20035 Plymouth Rd, Detroit, MI 48228.
    • Recently renovated in 2022, including roof, electrical, plumbing, and HVAC.
    • Features a bonus mezzanine space (not included in square footage).
    • $79.86 price per square foot.
    • Broker co‑op available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Day care centers

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.237117844328
    Latitude
    42.371981139108

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    FAQs

    What type of property is this?
    Day care center - 10,330 SF Vacant Daycare, $825,000
    Where is this day care center located?
    The property is located at 20035 Plymouth Rd Detroit, MI.
    What is the asking price?
    The asking price for this property is $825,000.
    What are key features of this property?
    This property features: $825,000 asking price for a vacant 10,330 SF retail building.; Located at 20035 Plymouth Rd, Detroit, MI 48228.; Recently renovated in 2022, including roof, electrical, plumbing, and HVAC.
    Request Owner's contact information
    20035 Plymouth Rd Detroit, MI 48228
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    Detroit, MI 48228
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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
    20035 Plymouth Rd Detroit, MI 48228
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