Property summary
The commercial property at 12700 Schaefer Highway in Detroit, Michigan consists of three parcels with a total lot size of 0.43 acres and an existing building area of 6,108 square feet. The site includes both commercial and industrial outdoor areas, including newly paved industrial ground. Zoning is split by site section: the north section is zoned B4 (business) and the south section is zoned M2 (industrial), supporting a broad range of uses. By-right uses include facilities and services such as assisted living, dormitories, shelters, schools, libraries, religious institutions, hospitals, daycare centers, banks, restaurants, offices, vehicle-related trade services, certain retail and service uses, and low- to medium-impact manufacturing and related activities. Conditional uses include items such as emergency shelters, certain residential formats (including single and two-family dwellings and townhouses), power plants, stadiums, substance abuse facilities, water treatment facilities, drive-through uses, liquor sales, pawnshops, entertainment venues, machine shops, storage facilities, and telecommunications-related uses.
Property profile
VerifiedCap rate & NOI
Current use
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Church
Location
Value estimations
Owner & transaction history
Zoning & alternative use
), 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)…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2020Property description
Physical attributes from public recordsZoning & alternative use
B4 · Detroit, MI), 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)…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
), 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)…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for B4 in Detroit, MI.
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