Property profile

16813 Wyoming St Detroit, MI 48221

FOR SALE
Retail space
Property ID
US43-0904620
3,094 SF 0.08 ac lot Built 1948
Entity Owned 15-yr Hold Free & Clear
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Property summary

AI-generated overview

The property is a fully renovated, flexible commercial space totaling 3,100 SF, combining warehouse functionality with creative office buildout. The interior open-plan layout includes epoxied concrete floors, LED warehouse lighting, a kitchenette, a half bath, a reception/lounge area, and a built-out podcast studio, along with a rear roll-up garage door for loading or service access. Exterior and building systems features include a replaced roof, rooftop HVAC, and dedicated rear parking, with additional public parking available along the frontage. The property is zoned B2 and is located just west of Marygrove College in Detroit’s Fitzgerald neighborhood, within the Live6 corridor area, and it is positioned to serve occupants seeking access to nearby development. Public transit and pedestrian/bike accessibility indicators include a bike score of 41, a walk score of 53, and a transit score of 49.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1948
Total area 3,094 SF
Lot 0.08 ac (3,485 SF)
Zoning code B2
APN 16038295-6
UPID US43-0904620

Cap rate & NOI

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

Location

16813 Wyoming St Detroit, MI 48221
Detroit metro Census 536200 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$160k

Owner & transaction history

since 2010
1 recorded transaction
2010
$3,526

Zoning & alternative use

B2 · Detroit, MI
Zoning description

ity Residential District. (Code 1984, § 61-7-2; Ord. No. 11-05, § 1(61-7-2), eff. 5-28-2005) Sec. 50-7-3. - Business Districts. Business districts within the City are as follows: (1) B1 Restricted Business District. (2)…

General category COMMERCIAL

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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More about this property
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