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    10474 Jefferson Ave River Rouge, MI 48218-1338

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    10474 Jefferson Ave River Rouge, MI 48218-1338


    • Commercial land
    • 0.05 lot acres
    Off-Market
    Last Sale Apr 29, 2025
    $205,000
    Property ID
    US43-1383706
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial land

    Property Details for 10474 Jefferson Ave

    Lot size
    0.05 lot acres
    Zone code
    B1 CEN
    Property type
    Commercial land
    APN
    50 008 06 0003 002
    APU
    50008060003002

    Description

    This exceptional 8,766 square foot mixed-use commercial property in River Rouge, Michigan, presents a unique investment opportunity. Originally a bank, later a doctor's office, this 1923 building boasts 34 rooms (23 downstairs, 11 upstairs), excluding the reception area, and eight restrooms. The spacious layout offers flexibility for various configurations. Intriguing historical features include preserved bank vaults. A sizable basement provides ample storage or expansion potential. The property's prime location across from the post office ensures high visibility. Two included parking lots offer convenience and additional income potential. Zoned for commercial use, this property is ideal for a variety of businesses seeking a historic building with significant space and character in a convenient location. The asking price is $200,000, with a price per square foot of $22.82. This is a rare chance to acquire a substantial property with significant upside in a desirable area of Wayne County.


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    Location Insight

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    • Local Demand
    City
    River Rouge
    County
    Wayne
    State
    Michigan
    Longitude
    -83.134
    Latitude
    42.2747
    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
    2023
    $1,327
    $0.00
    $0.00
    $112,600
    -
    $0.00
    $0.00
    $225,200
    More about this property
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