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Property profile & analytics

16180 Meyers Rd Detroit, MI 48235

  • Medical offices
  • 5,514 SF
  • 0.18 lot acres
For Sale
Last Sale
Dec 14, 2020
$55,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US43-0365971
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

  • African Bureau for Immigration and Social Affairs (ABISA) / Non-Profit Organization
  • LIFT Women's Resource Center / Addiction Treatment Center

Property Details for 16180 Meyers Rd

Year built
1956
Lot size
0.18 lot acres
Property size
5,514 SF
Zone code
B2
Property type
Medical offices
Property subtype
Medical centers
APN
16046111-4
APU
160461114

Description

This exceptional 5,522-square-foot freestanding building, located at 16180 Meyers Rd in Detroit, Michigan, presents a unique opportunity for a variety of businesses. Built in 1956 and situated on a 0.18-acre lot, the property is zoned B2 Local Business, offering flexibility for diverse uses. Currently entirely vacant, the space is ideal for a medium-sized business or large non-profit organization. The layout features a large open area complemented by private offices, providing ample space for various operational needs. A fully equipped kitchen is included, adding further versatility. The building is equipped with existing security and internet infrastructure, minimizing initial setup costs. The motivated landlord is open to build-to-suit options, tailoring the space to meet specific tenant requirements. This prime location in Wayne County, with easy access to major transportation routes, makes this property an attractive investment. The property's single-tenant occupancy simplifies management and provides a cohesive work environment. This is a rare opportunity to acquire a well-located, adaptable commercial space with significant potential for growth and customization. The property's existing infrastructure and the landlord's willingness to collaborate make this an exceptional opportunity for a business seeking a move-in ready space or a customized solution.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Detroit
County
Wayne
State
Michigan
Longitude
-83.1695
Latitude
42.4107
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
$100
$0.00
$0.00
$160,500
-
$0.00
$0.00
$321,000
More about this property
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