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    10201 Fenkell St Detroit, MI 48238

    For Sale
    $99,000

    Half-acre lot, B2 zoning, build-to-suit.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 0.5-acre commercial land parcel, located at 10201 Fenkell in Detroit, Michigan, presents a unique investment opportunity. Priced at $99,000, this property offers significant potential for development. The lot boasts dimensions of 218 feet by 100 feet, providing ample space for a variety of commercial ventures. Situated in Wayne County, with a zip code of 48238, the property benefits from a B2 zoning designation, opening doors to a wide range of permitted uses. The location offers convenient access to major transportation routes and established businesses, making it an attractive site for both new construction and potential redevelopment. This is a rare opportunity to acquire a sizable commercial lot in a thriving Detroit neighborhood. The property is available for immediate sale or can be considered for a build-to-suit arrangement, offering flexibility to potential buyers. Serious inquiries are encouraged.

    Property Features for 10201 Fenkell St

    General Information

    Property type
    Land
    Lot Size
    21,780 SF

    HighLights

    • Available for sale or build‑to‑suit.
    • 0.5‑acre parcel.
    • 218' x 100' lot dimensions.
    • B2 zoning.
    • $99,000 asking price.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -83.162218
    Latitude
    42.402216

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    FAQs

    What type of property is this?
    Land - Half-acre lot, B2 zoning, build-to-suit.
    Where is this land located?
    The property is located at 10201 Fenkell St Detroit, MI.
    What is the asking price?
    The asking price for this property is $99,000.
    What are key features of this property?
    This property features: Available for sale or build-to-suit.; 0.5-acre parcel.; 218' x 100' lot dimensions.
    (313) 595-0435
    Request Owner's contact information
    10201 Fenkell St 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
    10201 Fenkell St Detroit, MI 48238
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