22400 Plymouth Rd Detroit, MI 48239-1321
This 21-key motel in Redford Charter Township, Michigan, presents a unique investment opportunity. Located on a corner lot at 22400 Plymouth Rd, Detroit, MI 48239, this single-story, 1952-built property sits on a sizable lot and offers 20 parking spaces. The property features a manager's apartment with two bedrooms, two bathrooms, a full kitchen, and an attached office and lobby. A dedicated motel laundry room includes a sink, two washers, one dryer, and additional space for supplies. The motel rooms are described as basic but clean, and the property benefits from monthly pest control services through Orkin. The property is zoned B4 and has a rich history, previously operating as an apartment building before its conversion to a motel sometime before the 1990s. This presents a compelling opportunity for continued operation as a motel or potential redevelopment back into apartments, leveraging the existing infrastructure and zoning. The asking price is $1,100,000. This property offers strong potential for investors seeking a stable income stream or a value-add redevelopment project in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B4 · Detroit, MIDetroit. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.