Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    2070 Ft St Lincoln Park, MI 48146-2470

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2070 Ft St Lincoln Park, MI 48146-2470

    View on Map
    • Investment properties
    • 7,336 SF
    • 0.14 lot acres
    Off-Market
    Last Sale Apr 11, 2024
    $250,100
    Property ID
    US43-4879007
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Mattress By Appointment / Furniture & Home Goods

    Property Details for 2070 Ft St

    Year built
    1942
    Lot size
    0.14 lot acres
    Property size
    7,336 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    45 009 08 0011 000
    APU
    45009080011000

    Description

    This exceptional 3,750 square foot warehouse at 2070 Fort Street presents a fantastic opportunity for a single tenant. Boasting a highly desirable location, the property offers unparalleled visibility and frontage, ensuring maximum exposure for your business. Ample on-site street and rear parking is complemented by adjacent city parking, providing convenient access for employees and clients. The warehouse features high ceilings and an open floor plan, offering considerable flexibility in its layout and use. The expansive interior space has the potential to be easily divided into two separate areas, catering to a variety of business needs. This versatility makes it ideal for a range of industrial uses. The property's prime location, combined with its functional design and ample parking, makes it an attractive investment for businesses seeking a high-profile presence. The substantial frontage and open concept create a dynamic and efficient workspace. Contact us to explore the possibilities and schedule a viewing of this exceptional industrial property. Don't miss this chance to secure a prominent location for your business operations.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Lincoln Park
    County
    Wayne
    State
    Michigan
    Longitude
    -83.178
    Latitude
    42.2495
    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
    2019
    $5,982
    $0.00
    $0.00
    $125,600
    -
    $0.00
    $0.00
    $251,200

    Comparable in this City

    • Value Estimation by Request
      3,680 SF

      3065 Ft St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,680 SF
      3065 Ft St, Lincoln Park, MI 48146-2448
      View Details
    • Value Estimation by Request
      3,810 SF

      2207 Ft St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,810 SF
      2207 Ft St, Lincoln Park, MI 48146-2693
      View Details
    • Value Estimation
      $680,000
      7,578 SF

      2013 Ft St

      OFFICE/RESIDENTIAL (MIXED USE) • 7,578 SF
      2013 Ft St, Lincoln Park, MI 48146-2402
      View Details
    • Value Estimation by Request
      3,326 SF

      1163 Southfield Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 3,326 SF
      1163 Southfield Rd, Lincoln Park, MI 48146-2450
      View Details
    • Value Estimation by Request
      2,400 SF

      1672 Ft St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,400 SF
      1672 Ft St, Lincoln Park, MI 48146-1909
      View Details
    • Value Estimation by Request
      2,148 SF

      1570 Ft St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,148 SF
      1570 Ft St, Lincoln Park, MI 48146-1993
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      4,000 SF

      Lincoln Park Retail Opportunity

      Retail property available for sale in Lincoln Park.
      1764 Fort St, Lincoln Park, MI 48146
      View Details
    • $399,900
      Pending

      Established Mechanic Shop with Bays

      Well-established mechanic shop with three bays and expansion potential.
      4153 Dix Hwy, Lincoln Park, MI 48146
      View Details
    • Contact for pricing

      Commercial Land in Populated Area

      Accessible parking spaces in a well-positioned real estate location.
      3574 Fort St, Lincoln Park, MI 48146
      View Details
    • Contact for pricing
      4,300 SF

      Lincoln Park Medical/Office Building

      4,300 SF medical/office building for sale in Lincoln Park.
      1336 Southfield Rd, Lincoln Park, MI 48146
      View Details
    • $200,000

      Lincoln Park Medical/Office Building

      4,300 SF medical/office building in Lincoln Park for sale.
      1336 Southfield Rd, Lincoln Park, MI 48146
      View Details

    Similar Nearby for Lease

    • $2,500 /Mo
      1,500 SF

      Lincoln Park Commercial Space Available

      Commercial space ideal for retail, office, restaurant, or medical use.
      2476 Dix Hwy, Lincoln Park, MI 48146
      View Details
    • Contact for pricing

      Commercial Space for Lease

      Commercial space available for lease in Lincoln Park, Michigan.
      3723 Fort St, Lincoln Park, MI 48146
      View Details
    • Contact for pricing

      Retail Building in Lincoln Park

      10,964 SF retail building available for sale or lease.
      3377 Fort St, Lincoln Park, MI 48146
      View Details
    • Contact for pricing

      Lincoln Park Retail Space Available

      Retail space for lease in Lincoln Park, Michigan.
      1764 Fort St, Lincoln Park, MI 48146
      View Details
    • $9 SF/Yr

      Lincoln Park Retail Building Available

      10,964 SF retail building for sale or lease.
      3377 Fort St, Lincoln Park, MI 48146
      View Details
    • Contact for pricing

      Retail Space on Dix Hwy

      Retail spaces available from 2,000 to 11,942 sq ft.
      4089 Dix Hwy, Lincoln Park, MI 48146
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2070 Ft St
    Lincoln Park, MI 48146-2470
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    2070 Ft St, Lincoln Park, MI, 48146

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!