14120 Wyoming Ave Detroit, MI 48238
Property profile & analytics
Location Intelligence
Current Use by Public Records
- Retail properties & Spaces
Property Details for 14120 Wyoming Ave
- Year built
- 1958
- Lot size
- 0.88 lot acres
- Property size
- 12,060 SF
- Property type
- Retail properties & Spaces
- Property subtype
- Grocery and convenience stores
Description
This exceptional investment opportunity presents a 12,060-square-foot vacant grocery store building situated on a 0.88-acre lot in Detroit, Michigan. Located at 14120 Wyoming Ave, this single-story, Class C retail property boasts a prime location in a high-traffic area, easily accessible from major freeways, The Jeffries (I-96) and The Lodge Freeway (M-10). Built in 1958 and renovated in 2003, the building features block construction with a steel truss roof, recently repaired. A new overhead door and security gate enhance security. Ample parking is available with approximately 60 spaces on both the north and south sides of the building, complemented by a rear alley drive. The property offers a 13.7-foot clear height and is zoned B-4 Commercial. The asking price is $275,000, translating to $22.80 per square foot. With a population of 160,000 and 89,000 households within a 3-mile radius, this property presents significant potential for a variety of retail uses. The property is currently vacant, offering immediate occupancy. The APN is 16037348-64. This is a single-unit building with a single tenancy.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -83.1592
- Latitude
- 42.3908
