14804 W Grand River Ave Detroit, MI 48227
For Sale
This exceptional investment opportunity presents a vacant, 15,600 square foot commercial property located at 14804 W Grand River Ave, Detroit, MI 48227, within the bustling W Grand River Corridor (I-96). The property, built in 1930, is classified as Class C and zoned B4, offering significant potential for redevelopment. Currently vacant, this building presents a blank canvas for a variety of uses, including storefront, traditional office, or creative office spaces. The property includes two parcels, one at 14800 W Grand River (2,589 sq ft) and another at 14830 W Grand River (13,297 sq ft), offering substantial land area for expansion or additional development. The asking price is $99,000. This is a city-owned property, and an application is required. The property's prime location along the busy Grand River Avenue corridor provides excellent visibility and accessibility. Given its size and location, this property represents a rare chance to acquire a significant commercial space in a rapidly developing area of Detroit. Serious inquiries are encouraged to explore the possibilities of this unique redevelopment project. Further details are available upon request.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2018Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B4 · Detroit, MIDetroit. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.