3774 Joy Rd Detroit, MI 48206-1951
Property profile & analytics
3774 Joy Rd Detroit, MI 48206-1951
- Warehouses
- 7,350 SF
- 0.19 lot acres
Property ID
US43-1401851
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
- Annex Electric Supply / Building Supply / Electrical Service
Property Details for 3774 Joy Rd
- Year built
- 1950
- Lot size
- 0.19 lot acres
- Property size
- 7,350 SF
- Zone code
- B4
- Property type
- Warehouses
- APN
- 14003444-6
- APU
- 140034446
Description
This exceptional commercial property at 3774 Joy Road in Detroit, Michigan presents a rare investment opportunity. The 7,350 square foot building, constructed in 1950, sits on a 0.19-acre lot and is zoned for commercial use. Currently operating as a well-established wholesale electrical supply business since 1950, this single-story Class B building offers significant potential for continued success in its current use or for redevelopment. The asking price is $2,000,097, translating to $272.12 per square foot. The property boasts a warm and dry interior, indicative of consistent maintenance and upkeep. Its prime location in Wayne County, with easy access to metropolitan Detroit, ensures high visibility and accessibility for customers and employees. The building's long history of successful operation speaks to its enduring appeal and potential for future profitability. This is a unique chance to acquire a well-maintained, established commercial property in a thriving area. The property's solid structure and strategic location promise decades of continued service and potential for growth. This offering presents a compelling investment opportunity for discerning buyers seeking a stable and potentially lucrative venture in the Detroit market. The property's history of successful operation, combined with its desirable location and solid construction, makes it an attractive prospect for both established businesses and investors seeking a strong return.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -83.1192
- Latitude
- 42.3698
- 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
$3,121
$0.00
$0.00
$65,400
-
$0.00
$0.00
$130,800
