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14300 Meyers Rd Detroit, MI 48227-3924

OFF-MARKET Warehouses Google Maps
15,778 SF 0.57 ac lot Built 1951
Entity Owned Absentee Owner ~ Est. High Equity
Estimated value (blended)
$155k
Range $140k – $171k (±10%)
Property ID US43-0364451

Property summary

AI-generated overview

This vacant industrial property in Detroit, Michigan, offers 15,778 square feet of versatile space, perfect for distribution, manufacturing, or warehouse operations. Located at 14300 Meyers Rd, Detroit, MI 48227, on a 0.57-acre lot, this building is zoned M4 (Intensive Industrial District), allowing for a wide range of commercial uses. The property features a 30-foot ceiling height, enhancing operational efficiency. Loading and unloading are facilitated by one dock-high door and one open semi-loading dock. The asking price is $519,999, translating to $32.96 per square foot. Electrical upgrades include three-phase power, a newer 480-volt transformer, and two 400-amp electrical boxes. All measurements and data should be verified by the buyer. This property provides convenient access to major highways and public transportation, making it an attractive location for businesses and employees. The combination of ample space, strategic zoning, and convenient location makes this an exceptional opportunity for a variety of industrial businesses. Don't miss this chance to secure a prime industrial space in a thriving Detroit location.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1951
Total area 15,778 SF
Lot 0.57 ac (24,829 SF)
Zoning code M4
APN 16045974.001
UPID US43-0364451

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$155k

Owner & transaction history

since 2025
Last sale
$140,000
7 recorded transactions
2025
$400,000
2020
Price N/A
2019
$140,000
2019
$15,000
2016
$15,000
2011
$4,000
2011
Price N/A

Zoning & alternative use

M4 · Detroit, MI
Zoning description

ff. 5-28-2005) Sec. 50-7-4. - Industrial Districts. Industrial districts within the City are as follows: (1) M1 Limited Industrial District. (2) M2 Restricted Industrial District. (3) M3 General Industrial District. (4)…

General category INDUSTRIAL

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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