Property profile

11205 Mack Ave Detroit, MI 48214

OFF-MARKET
Retail space
Property ID
US43-0351842
22,890 SF 0.83 ac lot Built 1920
Entity Owned ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional commercial property, Motor City Marketplace, presents a rare opportunity to lease executive office space in a vibrant Detroit location. Situated at 11205-11207 Mack Avenue, this retail and office building boasts a total of 21,600 square feet, with 1,424 square feet currently available for lease. The property is situated on a generous 1.66-acre lot in the heart of Wayne County, offering excellent visibility and accessibility. The building's multiple tenancy structure provides a diverse and dynamic environment. The available space is ideal for businesses seeking a modern and functional workspace in a thriving urban setting. The property's strategic location on Mack Avenue provides easy access to major transportation routes, ensuring convenient commutes for employees and clients alike. This is an excellent opportunity for businesses seeking a high-profile location with ample space to grow. The 48214 zip code offers a blend of established businesses and emerging opportunities, making it an attractive location for a variety of enterprises. The property's classification as both retail and office space reflects its versatility and potential for a range of uses. Don't miss this chance to secure your business's future in this dynamic Detroit location. Contact us today to schedule a viewing and explore the possibilities.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1920
Total area 22,890 SF
Lot 0.83 ac (36,155 SF)
Zoning code B4
APN 21001254-9
UPID US43-0351842

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
  • (Bike/Boat/Book/etc) Store Wine and Liquor Store

Location

11205 Mack Ave Detroit, MI 48214-3529
Detroit metro Census 514100 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.51M
Blend (final) Blend
$390k

Owner & transaction history

1 recorded transaction
1969
Price N/A

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
Top alternative use upside
Commercial (general) $2.1M +32.1%
Restaurant $2.1M +32.1%
Neighborhood: shopping center $1.7M +9.7%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 11205 Mack Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message