Property profile

2050 15th St Detroit, MI 48216

OFF-MARKET
Commercial real estate
Property ID
US43-0318223
202,800 SF 2.95 ac lot
Entity Owned 6-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Total area 202,800 SF
Lot 2.95 ac (128,502 SF)
Zoning code M3
APN 10005306-9
UPID US43-0318223

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Corporate Office
  • Association Or Organization
  • (Bike/Boat/Book/etc) Store Corporate Office
  • Industrial Manufacturer
  • Charitable Organization Social Service Agency

Location

2050 15th St Detroit, MI 48216-1879
Detroit metro Census 521400 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$10.45M
Blend (final) Blend
$10.36M

Owner & transaction history

Zoning & alternative use

M3 · Detroit, MI
Zoning description

-7-3; Ord. No. 11-05, § 1(61-7-3), eff. 5-28-2005) Sec. 50-7-4. - Industrial Districts. Industrial districts within the City are as follows: (1) M1 Limited Industrial District. (2) M2 Restricted Industrial District. (3)…

General category INDUSTRIAL

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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