You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
New search
Property profile & analytics
OFF-MARKET Estimated value $560,000
Grocery and convenience stores

12021 Harper Ave Detroit, MI 48213-1730

15,861 SF 1.25 ac lot Built 1955
Individually Owned 3-yr Hold Absentee Owner Free & Clear
Property ID
US43-1453993
Property summary
AI-generated overview

This exceptional 15,860-square-foot retail space, located at 12021 Harper Avenue in Detroit, Michigan, presents a significant opportunity for a supermarket operator. The property sits on a 1.25-acre lot and is zoned B-4, allowing for a variety of commercial uses. Currently, the entire building is vacant, offering a blank canvas for a new tenant to customize the space to their exact specifications. The single-tenant occupancy ensures complete control and flexibility for the future business. The property's prime location in Wayne County, with its zip code 48213, provides excellent access to a large customer base. The building's substantial size offers ample room for a full-service supermarket, including extensive shelving, storage areas, and potentially even an on-site bakery or deli. This is a rare opportunity to secure a large, well-located retail space in a thriving Detroit neighborhood. The property's size and zoning make it ideal for a variety of retail concepts, but its suitability for a supermarket is particularly noteworthy given the current vacancy and the ample space available. Interested parties should act quickly to secure this exceptional opportunity. The property is available for lease.

Property profile
Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1955
Total area 15,861 SF
Lot 1.25 ac (54,450 SF)
Zoning code B4
APN 21004183.
UPID US43-1453993
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$533k
Blend (final) Blend
$560k
Owner & transaction history
The Lamar Companies · 3 yrs held
The Lamar Companies
since 2023
3 recorded transactions
2023
Price N/A
2021
Price N/A
2021
Price N/A
Zoning & alternative use
B4 · Detroit, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 12021 Harper 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.
List this address →
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