Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
The Largest CRE Database in the US with Over 1 Million Listings
Property profile & analytics

16940 Hamilton Ave Highland Park, MI 48203-2747

  • Warehouses
  • 9,650 SF
  • 0.34 lot acres
OFF-MARKET
Last Sale
Sep 17, 2021
$265,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US43-1117203
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

  • Warehouses

Property Details for 16940 Hamilton Ave

Year built
1952
Lot size
0.34 lot acres
Property size
9,650 SF
Property type
Warehouses
APN
43 003 01 0613 000
APU
43003010613000

Description

This exceptional 9,750 square foot warehouse, located at 16940 Hamilton Ave in Highland Park, Michigan, presents a rare investment opportunity. Built in 1952 and boasting a two-story design, this property offers significant versatility thanks to its M-UV Urban Village Mixed Use zoning. The building features impressive ceiling heights ranging from 10 to 25 feet, providing ample space for a variety of uses. Potential tenants could include office spaces, auto repair shops, storage facilities, retail businesses, or a combination thereof. The property includes existing office space, a convenient side parking lot, a dedicated car entrance, and multiple bathrooms. A second-floor loft adds further potential for expansion or specialized use. The seller has completed numerous improvements, ensuring the building is in excellent condition. Its strategic location offers easy access to downtown Detroit and three major freeways within a 5-10 minute drive, making it an ideal location for businesses seeking convenient access to transportation networks and a thriving urban center. The asking price is $550,000. This is a unique chance to acquire a substantial commercial property with diverse possibilities in a rapidly developing area. Don't miss this chance to own a piece of Highland Park's commercial landscape. The property is zoned M-UV Urban Village Mixed Use.


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
Highland Park
County
Wayne
State
Michigan
Longitude
-83.1153
Latitude
42.4165
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
2023
$10,313
$0.00
$0.00
$121,000
-
$0.00
$0.00
$242,000
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message