19551 Plymouth Rd Detroit, MI 48228
For Sale
1 / 5
Property summary
This exceptional 2,680 square foot retail property, located at 19551 Plymouth Road in Detroit, Michigan, presents a compelling investment opportunity. Currently operating at 100% occupancy with a multi-tenant configuration, this property boasts a strong 11.00% capitalization rate and an attractive asking price of $255,000. The property is zoned B4, allowing for a variety of commercial uses. Situated in Wayne County, the location benefits from excellent visibility due to great signage and abundant parking, ensuring high traffic and accessibility for tenants and customers. The lease type is modified, offering flexibility and potential for future income growth. This is an ideal investment for those seeking a stable, high-yielding retail property in a thriving Detroit market. The property's strong occupancy rate and favorable zoning make it a low-risk, high-reward opportunity. Detailed financial information and lease agreements are available upon request. Don't miss this chance to acquire a prime retail asset in a desirable location.
Property profile
VerifiedCap rate & NOI
Current use
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Nail Salon
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Mobile Phone Store Electronics & Wireless Store
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Restaurant
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Mobile Phone Store Electronics & Wireless Store
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(Bike/Boat/Book/etc) Store
Value estimations
Owner & transaction history
Zoning & alternative use
), eff. 5-28-2005) Sec. 50-7-3. - Business Districts. Business districts within the City are as follows: (1) B1 Restricted Business District. (2) B2 Local Business and Residential District. (3) B3 Shopping District. (4)…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Detroit market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2020Property description
Physical attributes from public recordsZoning & alternative use
B4 · Detroit, MI), eff. 5-28-2005) Sec. 50-7-3. - Business Districts. Business districts within the City are as follows: (1) B1 Restricted Business District. (2) B2 Local Business and Residential District. (3) B3 Shopping District. (4)…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for B4 in Detroit, MI.
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Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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