15031 Wyoming Ave, Detroit, MI 48238
This exceptional Detroit commercial property, located at 15031 Wyoming Ave, offers a compelling investment opportunity. The property encompasses a total of 5,500 square feet of building space, spread across multiple addresses (15031, 15025, 15021, and 15017 Wyoming Ave) and includes a sizable parking lot. The combined building space provides two generous retail and service shop opportunities, ideal for a variety of businesses. Built in 1946, the property sits on a 0.08-acre lot and is zoned Commercial B-2, ensuring flexibility for diverse commercial uses. The asking price is $355,097, translating to a price per square foot of $65. This represents a strong value proposition given the property's size, location in Detroit, Michigan (zip code 48238, Wayne County), and the potential for significant rental income or owner-occupied business operations. The property's prime location offers excellent visibility and accessibility, making it an attractive proposition for both established businesses and new ventures. Don't miss this chance to acquire a well-positioned commercial property in a thriving area.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.