You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET Estimated value $6,515,000
Warehouses

1921 Fry St Detroit, MI 48211-2609

528,681 SF 2.34 ac lot Built 1928
Entity Owned 3-yr Hold Absentee Owner Free & Clear
Property ID
US43-1706856
Property summary
AI-generated overview

This exceptional 9-story warehouse, located at 1921 E Ferry St in Detroit, Michigan, presents a unique investment opportunity. Boasting a substantial 528,681 square feet of space, this property sits on a 2.338-acre lot and offers a 30-foot clear ceiling height. The building is zoned M-4, Heavy Industrial, allowing for a wide range of potential uses. Its strategic location provides easy access to major transportation arteries, including I-75 and I-94, enhancing its logistical advantages. The asking price is $1,500,000, translating to $2.84 per square foot. Given its size, zoning, and prime location, this property is ideally suited for a mixed-use redevelopment project, offering significant potential for future growth and return on investment within the dynamic Detroit market. The property's substantial size and versatile zoning make it an attractive prospect for developers and investors seeking a large-scale project in a rapidly evolving urban environment. The 48211 zip code further underscores its location within a key area of Detroit.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1928
Total area 528,681 SF
Lot 2.34 ac (101,930 SF)
Zoning code M4
APN 09005131.
UPID US43-1706856
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
$6.61M
Blend (final) Blend
$6.52M
Owner & transaction history
Southend Development Group LLC · 3 yrs held
Southend Development Group LLC
since 2022
7 recorded transactions
2022
$325,000
2017
Price N/A
2016
$261,000
2016
Price N/A
2013
$1,000
2012
$3,000
2012
Price N/A
Zoning & alternative use
M4 · Detroit, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1921 Fry St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
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