8544 Mcnichols Rd Detroit, MI 48221
Property profile & analytics
8544 Mcnichols Rd, Detroit, MI 48221
- Medical Office Space
- 1,771 SF
- 0.06 lot acres
Property ID
US43-0561204
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.
Location Intelligence
Current Use by Public Records
- Ready Clean Hand Wash & Detailing / Car Wash
- The Craft Shop / Hotel & Motel / Resort
- Strong CD Accounting / Tax Preparation
Property Details for 8544 Mcnichols Rd
- Year built
- 1938
- Lot size
- 0.06 lot acres
- Zone code
- B2
- Property type
- Medical Office Space
- Property subtype
- Medical space
- APN
- 16008192.
- APU
- 16008192
Description
This 1,900 square foot industrial property, situated on a 0.06-acre lot at 8544 W. McNichols in Detroit, MI, presents a compelling investment opportunity. Ideally located within the Marygrove/Fitzgerald Retail Corridor, this building boasts double retail frontage and an open floor plan, perfect for a variety of uses, including retail and office space. The property includes three office spaces and two handicap-accessible restrooms, enhancing its functionality and accessibility. Ample storage is available in the basement, providing additional utility. Significant upgrades were completed in 2021, encompassing a comprehensive overhaul of the HVAC, plumbing, and electrical systems, ensuring modern and efficient operation. Parking is conveniently provided with two rear parking spaces supplemented by readily available non-metered street parking. The property benefits from a strong neighborhood presence, with nearby establishments including Marygrove Campus, Lou's Deli, Subway, Caribbean Kitchen, Manhattan Fish and Chicken, Family Dollar, The Raw Space, and 2Bright Men & Women Clothing, contributing to high foot traffic and visibility. Proof of funds is required for all showings. Attractive land contract terms are available, requiring a 50% down payment on the $279,999 purchase price. This property offers a unique blend of location, functionality, and recent upgrades, making it an exceptional investment prospect.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -83.1558
- Latitude
- 42.4172
- 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
2020
$3,654
$0.00
$0.00
$57,500
-
$0.00
$0.00
$115,000
