Property profile

24655 GRAND RIVER AVE Detroit, MI 48219

OFF-MARKET
Day Care, Pre-School (Commercial)
Property ID
US43-4904639
4,087 SF 0.12 ac lot Built 1950
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Property summary

AI-generated overview

The property consists of two connected brick buildings located in Detroit’s “The Eye” district at 24649 and 24655 Grand River Avenue, situated just east of the historic Rosedale Park neighborhood and near major bus lines and commuter routes. The site includes a secured, gated rear parking lot and features open interior space that can support redevelopment for uses such as mixed-use, retail, office, or live/work configurations. The buildings have architectural character and are situated on a combined lot area of 0.12 acres, with total living area of 5,002 square feet. The property is zoned for commercial, multiple, and office use.

Property profile

Verified
Property type Day Care, Pre-School (Commercial)
Year built 1950
Total area 4,087 SF
Lot 0.12 ac (5,227 SF)
APN 22007624-6
UPID US43-4904639

Cap rate & NOI

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

Location

24655 GRAND RIVER AVE Detroit, MI 48219
Detroit metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2025
Last sale
$100,000
2 recorded transactions
2025
Price N/A
2025
$100,000
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