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Property profile & analytics
OFF-MARKET
Specialty properties

8611 Grinnell Ave Detroit, MI 48213

5.7 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 5.7-acre industrial lot, located at 8611 Grinnell Ave, Detroit, MI 48213 (cross streets: Grinnell & Erwin, APN: 17002205), presents a significant opportunity for various industrial uses. Zoned M-2 Industrial, this property offers substantial space for a multitude of applications. The lot boasts 150 total parking spaces, ideal for accommodating heavy equipment, semi-trucks, and commercial vehicles. Its solid concrete ground provides a durable and stable surface. The property's gated and secured nature ensures safety and security. Its strategic location near the city airport and major highways provides excellent accessibility. Suitable uses include heavy equipment parking, semi-truck storage, truck driving schools, contractor yards, chassis and container storage, and storage of materials such as dumpsters, boulders, rock salt, soil, and sand. The property is categorized as Land, Industrial, and Special Purpose, with a multiple tenancy designation. This expansive lot offers a unique chance to establish a thriving industrial operation in a prime Detroit location.

Property profile
Verified
Property type Specialty properties
Lot 5.7 ac (248,292 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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