8611 Grinnell Ave Detroit, MI 48213
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.