5720 E Davison St, Hamtramck, MI 48212
For Sale
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This exceptional investment opportunity presents two buildings situated on a single lot in Hamtramck, Michigan, at 5720 E Davison St, zip code 48212. Offered at $699,000, this property is currently vacant and presents a multitude of potential uses. The property's classification includes industrial, mixed-use, and self-storage designations, offering significant flexibility for prospective buyers. The buildings are suitable for a variety of commercial ventures, including, but not limited to, a dealership. The property's location in Wayne County provides convenient access to major transportation routes, enhancing its logistical appeal. The substantial size of the lot and the presence of two separate buildings offer considerable development potential. This is a unique chance to acquire a versatile property in a dynamic location, ideal for entrepreneurs and investors seeking a high-return opportunity. The property is being sold by the owner and is ready for immediate occupancy. Interested parties are encouraged to schedule a showing to fully assess the potential of this remarkable offering. The property's latitude and longitude coordinates are 42.4215933 and -83.0450527 respectively.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B4 · Hamtramck, MIHamtramck. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.