5341 E Nevada St Detroit, MI 48234
Krainz Woods NeighborhoodEstimated payment $881/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
- Lot Dimensions are 23x100
Home Design
- Brick Exterior Construction
- 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
| 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
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/08/2026 04/08/26 | For Sale | $149,900 | -- | $67 / Sq Ft |
Purchase History
| 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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