20580 Hoover St Detroit, MI 48205-1064
Property profile & analytics
20580 Hoover St Detroit, MI 48205-1064
- Manufacturing properties
- 62,889 SF
- 2.30 lot acres
Property ID
US43-1007459
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.
Location Intelligence
Current Use by Public Records
- Cellular Concepts Co. (Cell Con) / Industrial Manufacturer / Factory
- 3Fifteen Cannabis Dispensary 8 Mile and Hoover / (Bike/Boat/Book/etc) Store
- Us Group Inc / Industrial Manufacturer / Production Facility
Property Details for 20580 Hoover St
- Year built
- 1962
- Lot size
- 2.30 lot acres
- Property size
- 62,889 SF
- Zone code
- M3
- Property type
- Manufacturing properties
- APN
- 21036382.
- APU
- 21036382
Description
This exceptional 62,799-square-foot industrial property in Detroit, Michigan, presents a significant opportunity. Located at 20580 Hoover St, this single-tenant building boasts a prime location with excellent visibility and access from 8 Mile and Groesbeck Highway. The property features a 24-32 foot clear ceiling height, perfect for various industrial uses. The building includes two dock-high doors and two drive-in doors, one of which provides direct access from Groesbeck Highway, enhancing operational efficiency. Ample parking is available with 51 spaces. The building, constructed in 1962, sits on 2.3 acres of land and is zoned M3, allowing for a wide range of industrial applications. The property also benefits from 480-volt power and six overhead cranes with a 24'6" hook height and 8" concrete depth. This versatile space is ideal for manufacturing, flex, warehouse, or distribution needs. Importantly, the property is green-zoned for cannabis cultivation (Class C license), processing, and retail, opening up additional possibilities for prospective tenants. Wayne County location offers easy access to major transportation routes. This is a rare opportunity to secure a substantial industrial space in a highly desirable Detroit location.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,790,000
- AI Estimate
- $1,602,000
Market price range: $1.26M - $4.26MMarket price range: $1.30M - $3.77M -
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $2,525,000 Current use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -83.0042
- Latitude
- 42.4484
- 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
$57,320
$0.00
$0.00
$640,200
-
$0.00
$0.00
$1,280,400
