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    3100 Hubbard St Detroit, MI 48210

    Sponsored
    For Sale
    $980,000

    18,350 SF Warehouse, R&D, Distribution

    Property size:
    18,350 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional redevelopment opportunity presents a prime 18,350-square-foot industrial property situated on a 0.638-acre lot in Detroit, Michigan. Located at 3100 Hubbard Street, this Class C building boasts a strategic location near the revitalized Michigan Central Station and the US-12 Detroit Mobility & Innovation Corridor, offering significant potential for future growth and development. The property, built in 1896, features a two-story structure with a permitted M4 zoning designation. The asking price is $980,000, translating to $53.41 per square foot. The entire 18,350 square feet is net rentable, providing ample space for a variety of uses, including distribution, research and development, or warehouse operations. The property's location within the burgeoning Detroit Mobility & Innovation Corridor presents a unique opportunity for investors seeking to capitalize on the city's ongoing revitalization efforts. The property's existing structure, while older, offers a solid foundation for a comprehensive redevelopment project, allowing for the creation of a modern and efficient industrial space. The Wayne County location and the 14009369 APN number provide easy identification and access to relevant property records. This is an ideal investment for those seeking a high-potential redevelopment project in a rapidly developing area of Detroit.

    Property Features for 3100 Hubbard St

    General Information

    Property type
    Life science properties
    Square Feet
    18,350 SF
    Class
    C
    Lot Size
    27,791 SF

    Building Details

    Year Built
    1896
    Buildings
    1
    Stories
    2

    HighLights

    • $980,000 asking price for this redevelopment opportunity.
    • 18,350 square foot industrial building.
    • $53.41 per square foot.
    • Class C building constructed in 1896.
    • Single, two‑story building on a 0.638‑acre lot.
    • M4 zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Life science properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.0980892
    Latitude
    42.3306977

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    FAQs

    What type of property is this?
    Life science property - 18,350 SF Warehouse, R&D, Distribution
    Where is this life science property located?
    The property is located at 3100 Hubbard St Detroit, MI.
    What is the asking price?
    The asking price for this property is $980,000.
    What are key features of this property?
    This property features: $980,000 asking price for this redevelopment opportunity.; 18,350 square foot industrial building.; $53.41 per square foot.
    Request Owner's contact information
    3100 Hubbard St Detroit, MI 48210
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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 Hubbard St Detroit, MI 48210
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