For Sale
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Property summary
This exceptional 8,500 square foot executive office building presents a compelling investment opportunity in Detroit, Michigan. Located at 4929 E McNichols Rd, this property sits on a highly visible corner lot spanning 0.52 acres. The building's substantial size offers ample space for a variety of business needs, while the convenient location ensures easy access for clients and employees. The property features a fenced-in lot, providing enhanced security and privacy. Ample parking is available, addressing a key concern for businesses and their clientele. The asking price for this turnkey executive office space is $749,000. This property is situated in Wayne County, Michigan, with the precise address being 4929 E McNichols Rd, Detroit, MI 48212. Its strategic location offers excellent visibility and accessibility, making it an ideal choice for businesses seeking a prominent presence in the Detroit market. The combination of size, location, and features makes this an attractive proposition for discerning investors and businesses alike. The property is currently offered for sale and presents a rare opportunity to acquire a well-situated and substantial commercial building in a thriving area.
Property profile
VerifiedCap rate & NOI
Current use
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Freight Service Logistics Company
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Business Management Consultant
Location
Value estimations
Owner & transaction history
Zoning & alternative use
), eff. 5-28-2005) Sec. 50-7-3. - Business Districts. Business districts within the City are as follows: (1) B1 Restricted Business District. (2) B2 Local Business and Residential District. (3) B3 Shopping District. (4)…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2020Property description
Physical attributes from public recordsZoning & alternative use
B4 · Detroit, MI), eff. 5-28-2005) Sec. 50-7-3. - Business Districts. Business districts within the City are as follows: (1) B1 Restricted Business District. (2) B2 Local Business and Residential District. (3) B3 Shopping District. (4)…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
), eff. 5-28-2005) Sec. 50-7-3. - Business Districts. Business districts within the City are as follows: (1) B1 Restricted Business District. (2) B2 Local Business and Residential District. (3) B3 Shopping District. (4)…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for B4 in Detroit, MI.
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