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8030 Pitt St Detroit, MI 48209-3704

OFF-MARKET Retail space Google Maps
1,309 SF 0.1 ac lot Built 1975
Entity Owned Free & Clear
Estimated value (blended)
$60k
Range $54k – $66k (±10%)
Property ID US43-1833433

Property summary

AI-generated overview

This exceptional 1,300 square foot mixed-use commercial property in Detroit, Michigan, presents a fantastic investment opportunity. Located at 8030 Pitt St, in Wayne County, zip code 48209, this building boasts a prime location with convenient access to high-traffic streets like Central and Vernor Highway. The property is zoned for commercial use and features a traditional office layout, ideal for a variety of businesses. Recent upgrades include a new roof, updated plumbing and electrical systems, a renovated bathroom, and a new fence and gate. The property also offers significant advantages for food truck operations, with 200-amp power and readily available water and electric hookups in the parking area. The asking price is $150,000, with a price per square foot of $115.38. Land contract terms are available with a down payment starting at $50,000. Buyer to verify all information. Showings are by appointment only after an offer is accepted.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1975
Total area 1,309 SF
Lot 0.1 ac (4,356 SF)
Zoning code R2
APN 20007176.
UPID US43-1833433

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Insurance Agency
  • Grocery & Convenience Store Food Market

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$60k

Owner & transaction history

since 2025
3 recorded transactions
2025
$69,000
2020
Price N/A
2017
Price N/A

Zoning & alternative use

R2 · Detroit, MI
Zoning description

of this Code. (Code 1984, § 61-7-1; Ord. No. 11-05, § 1(61-7-1), eff. 5-28-2005) Sec. 50-7-2. - Residential Districts. Residential districts within the City are as follows: (1) R1 Single-Family Residential District. (2)…

General category RESIDENTIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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