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Property profile & analytics

450 Fort St Detroit, MI 48226

  • Retail space
  • 12,587 SF
  • 0.17 lot acres
Value Estimation
Last Sale
Feb 09, 2021
$190,000
Location Intelligence
Property ID
US43-1587330
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • National Lawyers Guild-Detroit / Non-Profit Organization
  • ATM / Atm
  • ICONIC Real Estate / Commercial Real Estate Agency / Real Estate Agency
  • Anchor Bar / Bar / Bar & Grill
  • Davis Hugh M / Attorney

Property Details for 450 Fort St

Year built
1927
Lot size
0.17 lot acres
Property size
12,587 SF
Zone code
PCA
Property type
Retail space
APN
02000179.
APU
2000179

Description

This exceptional executive office space, located at 450 West Fort Street in Detroit, Michigan, offers 4,957 square feet of immediately available space within a larger 17,901 square foot building. Situated on a 0.71-acre lot, this property boasts a prime location in Wayne County, with the address 450 W Fort St, Detroit, MI 48226. Built in 1927, the building is zoned PCA and has the APN 02-000179. The property is designated as an Executive Office and is currently available for lease as multiple tenancies. The building's classic architecture offers a unique and prestigious setting for businesses seeking a sophisticated and established address. The available space presents a significant opportunity for companies looking to establish or expand their presence in the heart of Detroit. The ample square footage allows for flexible configurations to suit various business needs. This is an excellent opportunity to secure a prominent location in a thriving urban environment. The property's convenient location offers easy access to major transportation routes and a wealth of amenities. Interested parties are encouraged to inquire for further details and leasing options.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $225,000
  • CAP approach

    CAP return
    Estimation
    6%
    $245,000
    6.5%
    $255,000
    7%
    $260,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $270,000
    Geo Method
    $250,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $225,000
    Retail
    $225,000
    Mixed-Use
    $240,000
    Hospitality
    $190,000
    Educational
    $210,000
    Residential Income
    $250,000
    Energy
    $235,000
    Income-Based Land
    $195,000
    Food Service
    $215,000

Location Insight

  • Map
  • Local Demand
City
Detroit
County
Wayne
State
Michigan
Longitude
-83.0518
Latitude
42.3292
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2020
$52,317
$0.00
$0.00
$954,100
-
$0.00
$0.00
$1,908,200
More about this property
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