5341 E Nevada St Detroit, MI 48234
Krainz Woods NeighborhoodEstimated payment $814/month
About This Home
Prime investment opportunity in Detroit featuring a commercial warehouse paired with adjacent industrial land, offering flexibility for a variety of business uses and future expansion. The property at 5341 E Nevada Ave consists of a warehouse building zoned commercial, ideal for storage, distribution, light manufacturing, or owner-occupant use. Positioned for functionality and accessibility, this structure provides a strong foundation for business operations or value-add improvements. Included in the sale is the neighboring vacant parcel at 5313 E Nevada Ave, totaling approximately 0.5 acres, zoned industrial—perfect for expansion, outdoor storage, equipment parking, or redevelopment. Parcel ID: W13I007967C76. This dual-parcel offering creates a unique opportunity for investors or business owners seeking a strategic footprint with both operational space and land for growth. Key Highlights: -Commercial warehouse building
-Industrial-zoned vacant land included
-Approx. 0.5-acre total land opportunity
-Ideal for owner-users, contractors, or investors
-Versatile zoning supports multiple use cases
-Strong potential for expansion or redevelopment Rare chance to secure both improved property and industrial land in one package—position your business or portfolio for long-term upside.
Property Details
Property Type
- Other
Year Built
- Built in 1958 | Remodeled in 2024
Lot Details
- 2,178 Sq Ft Lot
- Lot Dimensions are 23x100
- Zoning described as Commercial, LightIndustry
Home Design
- 2,246 Sq Ft Home
- Brick Exterior Construction
- Brick Foundation
- Slab Foundation
Community Details
- Harrahs Norwood Sub Subdivision
Listing and Financial Details
- Assessor Parcel Number W13I007977S
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $969 | $60,700 | $0 | $0 |
| 2024 | $962 | $53,100 | $0 | $0 |
| 2023 | $939 | $46,500 | $0 | $0 |
| 2022 | $916 | $40,400 | $0 | $0 |
| 2021 | $878 | $33,200 | $0 | $0 |
| 2020 | $878 | $32,400 | $0 | $0 |
| 2019 | $863 | $31,700 | $0 | $0 |
| 2018 | $748 | $10,000 | $0 | $0 |
| 2017 | $156 | $9,300 | $0 | $0 |
| 2016 | $827 | $53,500 | $0 | $0 |
| 2015 | $815 | $9,200 | $0 | $0 |
| 2013 | $790 | $9,182 | $0 | $0 |
| 2010 | -- | $9,888 | $980 | $8,908 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/02/2026 05/02/26 | Off Market | $134,900 | -- | -- |
| 04/30/2026 04/30/26 | Off Market | $134,900 | -- | -- |
| 04/29/2026 04/29/26 | Price Changed | $134,900 | 0.0% | $60 / Sq Ft |
| 04/29/2026 04/29/26 | For Sale | $134,900 | -10.0% | $60 / Sq Ft |
| 04/08/2026 04/08/26 | For Sale | $149,900 | -- | $67 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $4,000 | Lawyers Title Insurance Corp | |
| Interfamily Deed Transfer | $200 | Lawyers Title Insurance Corp |
Source: Realcomp
MLS Number: 20261023264
APN: 13-007977
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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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Ask me questions while you tour the home.