3814 Vinewood StDetroit, MI 48208

  • Industrial properties
  • 12,962 SF
For Sale
$495,000 View listing

Property Details for 3814 Vinewood St

Year built
1922
Lot size
1.61 AC
Property size (Sq ft)
12,962 SF
Zone code
M3
Property type
Industrial properties
APN
14008844.001
APU
14008844001

Description

This exceptional 1.69-acre industrial property, located at 3814 Vinewood Street in Detroit, Michigan, presents a unique redevelopment opportunity. The existing 12,838 square foot building, classified as Class C, is currently in shell condition and requires complete rebuilding. The property boasts a desirable M-3 zoning designation, allowing for a wide range of manufacturing uses. The building features two stories with impressive ceiling heights ranging from 12 to 18 feet. The asking price is $495,000, translating to $38.56 per square foot. Currently, there is no power available on the site. This property is available for immediate purchase and offers significant potential for an investor or developer seeking a substantial project in a prime Detroit location. The property's size and zoning make it ideal for a variety of manufacturing ventures. The substantial lot size provides ample space for expansion or additional development. The address is within Wayne County, Michigan, and the zip code is 48208. This is a blank canvas for a new industrial facility in a strategic location. Buyers should be prepared for a complete renovation or new construction project.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $3,085,776
    Hospitality
    $2,826,554
    Educational
    $2,351,660
    Medical
    $2,432,538
    Retail
    $3,658,138
3814 Vinewood St, Detroit, Michigan

Location Insight

City
Detroit
County
Wayne
State
Michigan
Latitude
42.3364
Longitude
-83.0997
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
$5,373
-
-
$62,500
-
-
-
$125,000

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