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Property profile & analytics

7647 Joy Rd Detroit, MI 48204

  • Auto shops
  • 1,000 SF
  • 0.05 lot acres
For Sale
Last Sale
May 07, 2025
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US43-1085918
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

  • Auto shops

Property Details for 7647 Joy Rd

Year built
1940
Lot size
0.05 lot acres
Property size
1,000 SF
Zone code
B4
Property type
Auto shops
APN
16004668.
APU
16004668

Description

This exceptional commercial property, located at 7647 Joy Rd, Detroit, MI, presents a unique investment opportunity. Spanning nearly 0.4 acres and encompassing 8 separate lots, this property offers a 2,073 square foot building and ample space for expansion. The site is fully fenced and gated, ensuring security. Recent improvements include a new asphalt roof, although some cosmetic updates are needed. The property boasts an on-site air compressor, power connections for signage, and a gated entrance. A partially completed room with a new concrete floor offers additional development potential, requiring only finishing touches like a door and roof. The B4 zoning allows for a wide range of business uses, including but not limited to building material sales, various workshops, retail, and certain institutional uses. This high-visibility location benefits from its strategic position at the intersection of Joy Road and Livernois Avenue, providing excellent accessibility and exposure. The area's evolving infrastructure and proximity to major highways, residential areas, and industrial hubs make it an attractive investment for businesses seeking growth. A land contract is available with a minimum down payment of $50,000. This property is primed for success in 2025 and beyond.


Value Estimations

based on Realmo’s proprietary methodology
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  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Detroit
County
Wayne
State
Michigan
Longitude
-83.146
Latitude
42.359
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
$688
$0.00
$0.00
$14,200
-
$0.00
$0.00
$28,400
More about this property
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