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    Property profile & analytics
    FOR SALE
    Warehouses

    632 Harper Ave, Detroit, MI 48202

    38,557 SF 0.47 ac lot Built 1910
    Entity Owned 12-yr Hold ~ Est. High Equity
    Property ID
    US43-0054674
    Property summary
    AI-generated overview

    This exceptional 36,000 square foot office building, located at 632 Harper Avenue in Detroit, Michigan, presents a unique owner-user investment opportunity. Priced at $1,950,000 ($54.17 per square foot), this single-tenant property boasts convenient access and desirable features. The building is zoned M-3, offering flexibility for a variety of commercial uses. Ample parking is available on-site, complemented by convenient access to public transportation. The property includes one 8x10 grade-level door and one truckwell, enhancing logistical capabilities. Its strategic location in the historic Milwaukee Junction neighborhood places it within walking distance of the vibrant New Center area and the Qline rail system. Furthermore, its proximity to Wayne State University and Downtown Detroit provides exceptional connectivity and visibility. This is an ideal opportunity for a business seeking a substantial, well-located office space in a rapidly developing area of Detroit. The property's size, zoning, and location combine to create a compelling investment prospect. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1910
    Total area 38,557 SF
    Lot 0.47 ac (20,473 SF)
    Zoning code M3
    APN 03001708-9
    UPID US43-0054674
    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
    • Michigan Paper Die, Inc. Industrial Manufacturer
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $840k
    Blend (final) Blend
    $820k
    Owner & transaction history
    Mpd Holdings LLC
    Mpd Holdings LLC
    2 recorded transactions
    1969
    1969
    Zoning & alternative use
    M3 · Detroit, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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