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Property profile & analytics
OFF-MARKET Estimated value $2,485,000
Super regional malls

4705 Conner St Detroit, MI 48215-2028

41,385 SF 7.86 ac lot Built 2008
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US43-5109250
Property summary
AI-generated overview

This exceptional retail property, located at 4705 Conner St, Detroit, MI 48215, presents a unique investment opportunity. The 8,288 square-foot building, formerly occupied by a Dollar General, sits on a highly visible corner lot at the intersection of Mack and Conner Streets, benefiting from excellent freeway signage. The property boasts a strategic location with over 20,000 vehicles passing daily, ensuring significant exposure for any business. The building's single-tenant configuration offers flexibility and ease of operation. Security cameras are already installed, providing an added layer of security. The property consists of two buildings, offering potential for expansion or multi-use configurations. This prime location is ideal for a variety of retail or commercial ventures seeking high visibility and convenient access. The property's substantial size and high traffic count make it an attractive option for businesses aiming to establish a strong presence in a thriving Detroit market. Don't miss this chance to secure a well-positioned retail space in a high-demand area.

Property profile
Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 2008
Total area 41,385 SF
Lot 7.86 ac (342,382 SF)
Zoning code M4
APN 21046423.002B
UPID US43-5109250
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Conner Avenue Square Shopping Center & Mall
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.20M
Blend (final) Blend
$2.49M
Owner & transaction history
Conner St Plaza LLC · 8 yrs held
Conner St Plaza LLC
since 2018
5 recorded transactions
2018
Price N/A
2017
Price N/A
2016
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
M4 · Detroit, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

ff. 5-28-2005) Sec. 50-7-4. - Industrial Districts. Industrial districts within the City are as follows: (1) M1 Limited Industrial District. (2) M2 Restricted Industrial District. (3) M3 General Industrial District. (4) M4 Intensive Industrial District. (5) M5 Special Industrial District. (Code 1984, § 61-7-4; Ord. No. 11-05, § 1(61-7-4), eff. 5-28-2005) Sec…

Zone name Intensive Industrial District
General category INDUSTRIAL
Zone area 7,991.56 ac
Source code of ordinances
Top alternative use upside
Commercial (general) $3.8M +20.5%
Restaurant $3.8M +20.4%
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