18021 Kelly Rd Detroit, MI 48205
- Retail properties
- 2,860 SF
- 1.43 lot acres
Current Use by Public Records
- Burger King / Fast Food Restaurant / Restaurant
Property Details for 18021 Kelly Rd
- Year built
- 1984
- Lot size
- 1.43 lot acres
- Property size
- 2,860 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -82.9583
- Latitude
- 42.4284