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    14804 Grand River Ave Detroit, MI 48227

    For Sale
    $99,000

    Detroit Office/Retail Space - Huge Potential

    Property size:
    15,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional investment opportunity presents a vacant, 15,600 square foot commercial property located at 14804 W Grand River Ave, Detroit, MI 48227, within the bustling W Grand River Corridor (I-96). The property, built in 1930, is classified as Class C and zoned B4, offering significant potential for redevelopment. Currently vacant, this building presents a blank canvas for a variety of uses, including storefront, traditional office, or creative office spaces. The property includes two parcels, one at 14800 W Grand River (2,589 sq ft) and another at 14830 W Grand River (13,297 sq ft), offering substantial land area for expansion or additional development. The asking price is $99,000. This is a city-owned property, and an application is required. The property's prime location along the busy Grand River Avenue corridor provides excellent visibility and accessibility. Given its size and location, this property represents a rare chance to acquire a significant commercial space in a rapidly developing area of Detroit. Serious inquiries are encouraged to explore the possibilities of this unique redevelopment project. Further details are available upon request.

    Property Features for 14804 Grand River Ave

    General Information

    Property type
    Individual retail properties
    Square Feet
    15,600 SF
    Class
    C

    Building Details

    Year Built
    1930
    Buildings
    1

    HighLights

    • Vacant 15,600 SF commercial property at 14804 W Grand River Ave, Detroit, MI 48227.
    • Class C building, B4 zoning, offering redevelopment potential.
    • Two parcels totaling 15,886 SF.
    • Asking price: $99,000.
    • City‑owned property; application required.
    • Prime location on Grand River Ave with high visibility.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -83.190792907584
    Latitude
    42.389645900914

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    FAQs

    What type of property is this?
    Individual retail property - Detroit Office/Retail Space - Huge Potential
    Where is this individual retail property located?
    The property is located at 14804 Grand River Ave 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: Vacant 15,600 SF commercial property at 14804 W Grand River Ave, Detroit, MI 48227.; Class C building, B4 zoning, offering redevelopment potential.; Two parcels totaling 15,886 SF.
    Request Owner's contact information
    14804 Grand River Ave Detroit, MI 48227
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    Detroit, MI 48227
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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
    14804 Grand River Ave Detroit, MI 48227
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