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Property profile & analytics
FOR SALE
Showrooms

14804 W Grand River Ave Detroit, MI 48227

15,600 SF 0.18 ac lot Built 1930
Entity Owned 8-yr Hold Free & Clear
Property ID
US43-4184872
14804 W Grand River Ave, Detroit, MI 48227 For Sale
$99,000 15,600 SF
14804 W Grand River Ave, Detroit, MI 48227
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Property summary
AI-generated overview

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.

Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1930
Total area 15,600 SF
Lot 0.18 ac (7,841 SF)
Zoning code B4
APN 22008320.
UPID US43-4184872
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
$1.23M
Blend (final) Blend
$1.23M
Owner & transaction history
City Of Detroit · 8 yrs held
City Of Detroit
since 2018
4 recorded transactions
2018
Price N/A
2018
Price N/A
2017
$600
2017
Price N/A
Zoning & alternative use
B4 · Detroit, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $1.4M +15.8%
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More about this property
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