Property profile

10829 Jefferson Ave Detroit, MI 48214

OFF-MARKET
Medical Office Space
Property ID
US43-1498069
1,415 SF 0.06 ac lot Built 1941
Entity Owned 7-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

The property is a portfolio comprising a front-facing block on E. Jefferson with approximately 185,000 square feet of contiguous land. It includes two one-story buildings—one currently leased and one vacant—plus a gated parking lot that is leased and three additional vacant lots. The portfolio addresses are 10805, 10817, 10829, 10835, 10839, and 10845 E Jefferson.

Property profile

Verified
Property type Medical Office Space
Use group DENTAL BUILDING
Year built 1941
Total area 1,415 SF
Lot 0.06 ac (2,614 SF)
Zoning code B4
APN 21000506.
UPID US43-1498069

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Gym & Fitness Center

Location

10829 Jefferson Ave Detroit, MI 48214-3240
Detroit metro Census 513800 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$115k

Owner & transaction history

since 2018
4 recorded transactions
2018
$155,000
2014
Price N/A
2014
Price N/A
2014
$63,000

Zoning & alternative use

B4 · Detroit, MI
Zoning description

), eff. 5-28-2005) Sec. 50-7-3. - Business Districts. Business districts within the City are as follows: (1) B1 Restricted Business District. (2) B2 Local Business and Residential District. (3) B3 Shopping District. (4)…

General category COMMERCIAL

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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