You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
New search
Property profile & analytics
OFF-MARKET
Specialty properties

204- Adams Ave Detroit, MI 48226

13,330 SF
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity encompasses three separate parcels totaling 13,330 square feet of land in Detroit, Michigan's vibrant Central Business District. The property features 80 parking spaces, currently configured as three divisible parking lots, offering significant flexibility for future development or continued operation as a parking facility. Located at 204-228 West Adams Avenue, 48226, this strategically positioned asset benefits from high pedestrian traffic and proximity to key downtown amenities, including Ford Field, Comerica Park, and the Detroit Opera House. The property's location within a high-growth area presents excellent development potential, capitalizing on the area's revitalization and increasing demand. The asking price is $3,660,000, translating to $274.57 per square foot. This represents a compelling opportunity for investors seeking a strong return in a dynamic urban setting. The property's size and configuration allow for a variety of uses, making it an attractive option for both short-term income generation and long-term development prospects. Its central location and high visibility ensure strong potential for future appreciation. This is a rare chance to acquire a significant land holding in a rapidly developing area of Detroit.

Property profile
Verified
Property type Specialty properties
Total area 13,330 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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 204- Adams Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message