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    Property profile & analytics

    14500 Jefferson Ave Detroit, MI 48215

    • Investment properties
    • 4,788 SF
    • 0.08 lot acres
    For Sale
    View listing
    $650,000
    Value Estimation
    Location Intelligence
    Property ID
    US43-0347732
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Investment properties

    Property Details for 14500 Jefferson Ave

    Year built
    1924
    Lot size
    0.08 lot acres
    Property size
    4,788 SF
    Zone code
    B4
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    21000340.
    APU
    21000340

    Description

    This exceptional investment opportunity presents two freestanding retail buildings totaling 8,948 square feet situated on a hard corner at 14500 E Jefferson Ave, Detroit, MI 48215. The property boasts a prime location in Detroit's Marina District, offering high visibility and accessibility with 16,789 vehicles passing daily. Its proximity to Belle Isle, canals, marinas, Beaumont Hospital, Grosse Pointe Hospital, and Grosse Pointe Park enhances its appeal. Zoned B4 – Miscellaneous Commercial, this multi-tenancy property presents a significant value-add opportunity. The location is highly walkable and offers convenient access to Downtown Detroit (7-minute drive), Stellantis Jefferson North Plant, and the USCIS office (both within 1 mile). Nearby retailers include PNC Bank, H&R Block, Dollar General, O'Reilly Auto Parts, Subway, Dollar Tree, Shell, and Mobil, indicating a strong commercial presence in the area. The asking price for this exceptional retail portfolio is $650,000.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -82.9431
    Latitude
    42.3731
    CBSA code
    19820
    CBSA name
    DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2020
    $1,752
    $0.00
    $0.00
    $71,900
    -
    $0.00
    $0.00
    $143,800

    Comparable in this City

    • Value Estimation by Request
      13,804 SF

      14700 Jefferson Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 13,804 SF
      14700 Jefferson Ave, Detroit, MI 48215-2904
      View Details
    • Value Estimation by Request
      3,800 SF

      14420 Jefferson Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 3,800 SF
      14420 Jefferson Ave, Detroit, MI 48215-2934
      View Details
    • Value Estimation by Request
      9,272 SF

      14350 Jefferson Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 9,272 SF
      14350 Jefferson Ave, Detroit, MI 48215-2932
      View Details
    • Value Estimation by Request
      4,160 SF

      14510 Jefferson Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 4,160 SF
      14510 Jefferson Ave, Detroit, MI 48215-2969
      View Details
    • Value Estimation by Request
      25,992 SF

      14115 Jefferson Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 25,992 SF
      14115 Jefferson Ave, Detroit, MI 48215-2927
      View Details
    • Value Estimation by Request

      12644 Mack Ave

      Mixed-use properties
      12644 Mack Ave, Detroit, MI 48215
      View Details

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      Detroit Restaurant and Retail Opportunity

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    14500 Jefferson Ave
    Detroit, MI 48215
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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