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Property profile & analytics

3125 Ft St Lincoln Park, MI 48146-3601

  • Office buildings
  • 1,400 SF
  • 0.15 lot acres
OFF-MARKET
Value Estimation
$135,000
Last Sale
Jan 23, 2024
$125,000
Location Intelligence
Property ID
US43-4968598
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.

Current Use by Public Records

  • Red Carpet Keim Real Estate / Real Estate Agency

Property Details for 3125 Ft St

Year built
1953
Lot size
0.15 lot acres
Property size
1,400 SF
Property type
Office buildings
APN
45 012 03 0248 301
APU
45012030248301

Description

This exceptional 1,400-square-foot free-standing commercial building, situated on a 0.15-acre lot in Wayne County, presents a unique leasing opportunity. Built in 1953 and extensively renovated in 2024, the property boasts a single-tenant occupancy and is zoned for commercial use. The building's interior is currently framed out, offering considerable flexibility for tenant build-out. Potential uses include traditional office space, executive suites, or a medical office, given its adaptable layout. A key feature is the ample side parking lot, providing convenient access for clients and staff. The property is offered on a double net lease, ensuring a straightforward and transparent financial arrangement. All provided square footage and acreage data are approximate. This single-story building represents a rare chance to secure a well-maintained, renovated office space in a desirable location. The property's recent renovation ensures modern functionality and aesthetics, while its adaptable interior allows for customization to meet specific business needs. The convenient parking and prime Wayne County location add significant value to this attractive commercial offering. Don't miss this opportunity to establish your business in this renovated, ready-to-occupy space.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $125,000
  • CAP approach

    CAP return
    Estimation
    6%
    $135,000
    6.5%
    $145,000
    7%
    $140,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $165,000
    Geo Method
    $150,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $170,000
    Retail
    $170,000
    Mixed-Use
    $165,000
    Hospitality
    $135,000
    Educational
    $135,000
    Residential Income
    $130,000
    Energy
    $160,000
    Income-Based Land
    $140,000
    Food Service
    $170,000

Location Insight

  • Map
  • Local Demand
City
Lincoln Park
County
Wayne
State
Michigan
Longitude
-83.1796
Latitude
42.2398
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
$4,133
$0.00
$0.00
$60,900
-
$0.00
$0.00
$121,800
More about this property
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