Property profile

8330 Chicago Detroit, MI 48204

OFF-MARKET
Manufacturing properties
Property ID
US43-1208199
11,760 SF 0.35 ac lot Built 1937
Individually Owned 1-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1937
Total area 11,760 SF
Lot 0.35 ac (15,246 SF)
Zoning code M3
APN 18005729.
UPID US43-1208199

Cap rate & NOI

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

Location

8330 Chicago Detroit, MI 48204-2753
Detroit metro Census 534400 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$435k

Owner & transaction history

since 2025
4 recorded transactions
2025
Price N/A
2020
$390,000
2017
Price N/A
2013
Price N/A

Zoning & alternative use

M3 · Detroit, MI
Zoning description

-7-3; Ord. No. 11-05, § 1(61-7-3), eff. 5-28-2005) Sec. 50-7-4. - Industrial Districts. Industrial districts within the City are as follows: (1) M1 Limited Industrial District. (2) M2 Restricted Industrial District. (3)…

General category INDUSTRIAL

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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