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Property profile & analytics

8330 Chicago Detroit, MI 48204-2753

  • Manufacturing properties
  • 11,760 SF
  • 0.35 lot acres
OFF-MARKET
Last Sale
Mar 13, 2025
Value Estimations
$415,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US43-1208199
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Manufacturing properties

Property Details for 8330 Chicago

Year built
1937
Lot size
0.35 lot acres
Property size
11,760 SF
Zone code
M3
Property type
Manufacturing properties
APN
18005729.
APU
18005729

Description

This exceptional 18,875-square-foot industrial property, located at 8330 W Chicago in Detroit, Michigan, 48204, presents a unique investment opportunity. The property, a former bakery, boasts a flexible layout suitable for various uses, including distribution, warehousing, and manufacturing. The building, constructed in 1937, comprises three structures across two stories, offering a substantial 18-foot ceiling height. Loading and unloading are facilitated by five loading docks and two drive-in doors. The property features ample power (2000 amps) and sits on a 1.09-acre lot (47,575 square feet), providing extensive yard space ideal for storage or parking. The property is currently vacant and available for immediate occupancy. Classified as Class C, the building is well-maintained and strategically located near the Joe Louis Greenway. Zoned M3, this property offers significant potential for a variety of industrial businesses. The entire 18,875 square feet is available for lease. This property is also available for sale (see marketing brochure for details). The cross street is Oakman. There are no elevators on the property.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $435,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $347,000
    Market price range: $236k - $797k
    AI Estimate
    $311,000
    Market price range: $244k - $706k
  • Alternative Use

    Use
    Estimation
    INDUSTRIAL (GENERAL)
    $475,000
    Current use
    OFFICE BUILDING
    $725,000
    Change: +53% Conversion: Difficult

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Detroit
County
Wayne
State
Michigan
Longitude
-83.1518
Latitude
42.3666
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$10,606
$0.00
$0.00
$124,400
-
$0.00
$0.00
$248,800
More about this property
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