4705 Conner St, Detroit, MI 48215-2028
- Super regional malls
- 41,385 SF
- 7.86 lot acres
Current Use by Public Records
- Conner Avenue Square / Shopping Center & Mall
Property Details for 4705 Conner St
- Year built
- 2008
- Lot size
- 7.86 lot acres
- Zone code
- M4
- Property type
- Super regional malls
- Property subtype
- Shopping centers
- APN
- 21046423.002B
- APU
- 21046423002B
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Apr 26, 2018 | — | Conner St Plaza LLC | Parkside Dev LLC | Warranty Deed · related | — |
| Feb 6, 2017 | — | Parkside Dev LLC | — | Deed · related | $211k · Rogers JR Clark |
| Sep 27, 2016 | — | Parkside Development LLC | — | Deed · related | $800k · First Independence Bank |
| — | — | Parkside Dev LLC | — | Loan Modification · related | $2M · Shore Bk |
| — | — | Parkside Dev LLC | — | Deed Of Trust · related | $211k · Rogers JR Clark |
Description
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.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $3,198,000
- AI Estimate
- $1,774,000
Market price range: $1.43M - $3.78MMarket price range: $1.24M - $2.53M -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $3,135,000 Current use
- COMMERCIAL (GENERAL)
- $3,780,000 Change: +21% Conversion: Easy
- RESTAURANT
- $3,775,000 Change: +20% Conversion: Difficult
- RETAIL STORES
- $2,860,000 Change: -9% Conversion: Easy
- MEDICAL BUILDING
- $2,610,000 Change: -17% Conversion: Difficult
- OFFICE BUILDING
- $2,550,000 Change: -19% Conversion: Moderate
- AUTO REPAIR, GARAGE
- $2,510,000 Change: -20% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -82.9735
- Latitude
- 42.3873
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
