Property summary
This exceptional 2,860-square-foot vacant commercial property, located at 18021 Kelly Road in Detroit, Michigan, presents a compelling owner-user or redevelopment opportunity. The property, built in 1984, sits on a 1.43-acre lot and is zoned B-4 General Business, offering significant flexibility for various uses. Previously a national quick-service restaurant (QSR), the building boasts a drive-thru and is ideally situated along Kelly Road, which experiences a daily traffic volume of 24,500 vehicles. Its strategic location provides quick access to Interstate 94 (133,400 VPD), placing it within easy reach of a large customer base. The property's proximity to national and credit tenants, along with its close proximity to Coleman A. Young International Airport, further enhances its appeal. The asking price is $650,000, translating to $227.27 per square foot. The property includes approximately 0.3 parking spaces. This fee simple ownership (land and building) presents a rare chance to acquire a well-located commercial property with significant redevelopment potential in a thriving area with strong demographics within a 5-mile radius. The property is currently vacant, allowing for immediate occupancy or redevelopment to suit a variety of business needs.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant Take-out & Catering
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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