Property profile

8930-8932 Greenfield Rd Detroit, MI 48228

OFF-MARKET
Specialty properties
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Property summary

AI-generated overview

This exceptional commercial land parcel, located at 8930-8932 Greenfield Road in Detroit, Michigan, presents a unique investment opportunity. Priced at $150,000, this property boasts a highly desirable location with significant traffic volume, making it ideal for a diverse range of businesses. The property's flexible zoning allows for multiple uses, catering to both startups and established enterprises. Its strategic position offers easy access to major freeways, ensuring convenient transportation for employees and customers. Furthermore, its proximity to Detroit Metropolitan Airport, the downtown area, the Detroit Riverfront, and various sports and entertainment venues enhances its appeal and potential for attracting a wide customer base. The site's adaptability allows for customized configurations to meet the specific needs of any business, providing ample space for creative development and successful business ventures. The property is situated in Wayne County, Michigan, with a zip code of 48228, and its coordinates are 42.3600704 latitude and -83.1966317 longitude. This is a rare chance to acquire a versatile commercial property in a thriving area of Detroit. Serious inquiries are encouraged.

Property profile

Verified
Property type Specialty properties

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

8930-8932 Greenfield Rd Detroit, MI 48228
Detroit metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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