For Sale
2731 JEROME Street, Detroit, MI 48212
$485,000
MLS # 20240048438 (Realcomp)
Built 19480.51 acres
1 / 31
Listing Description
Very large 1 story Art Deco industrial building for sale. For many years this operated as in industrial manufacturing plant for metals. It has large windows, concrete floors and 2 commercial roll up doors. The office suite is in a different corridor and has lots of original charm including wood paneling and doors. Completely open space ready for a new business. There is a gated parking lot included which house about 10-15 spaces. This is centrally located and close to all major roads & freeways including: 75, 94, M10, Woodward, Mound, and Davison.
Source: SparkMLS
About this home
Listed at $485,000.
Annual property taxes run approximately $11,941 ($995/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company. Broadband is available with download speeds up to 2,000 Mbps from 8 providers.
Listing Property Details
Property TypeCommercial Sale
Bathrooms0
Lot Size0.51 acres
Year Built1948
Location
CityDetroit
Zip Code48212
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick, Stone
WaterPublic
Sale & Financing
Listed7/7/2024
Original Price$550,000
Source: SparkMLS
Tax Information
Annual Tax$14,530
Tax Year2025
State Equalized Value$145,300
Assessed Value$145,300
Parcel #09006740-6
Source: Public Records
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Adam W Soroka
@properties Christie's Int'l R.E. Detroit
Frequently Asked Questions about 2731 JEROME Street, Detroit, MI 48212
Which school district serves 2731 JEROME Street, Detroit, MI 48212?
Per MLS# 20240048438, 2731 JEROME Street, Detroit, MI 48212 is in the Detroit boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Detroit directly to confirm enrollment eligibility.
What are the property taxes at 2731 JEROME Street, Detroit, MI 48212?
Per public tax records, annual property taxes for this property are $3,420. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 2731 JEROME Street, Detroit, MI 48212 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
Is 2731 JEROME Street, Detroit, MI 48212 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What internet service is available at this address?
Per FCC Broadband Data Collection filings, fiber internet is not currently available at 2731 JEROME Street, Detroit, MI 48212. The maximum advertised download speed is 2.0 Gbps. 8 internet providers serve this address. Confirm availability and speeds directly with providers.
What utilities serve 2731 JEROME Street, Detroit, MI 48212?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. Water: Public. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the source. Wayne County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
Map
Tax Estimate
$
Annual tax$11,941
Monthly$995
Millage rate82.1844 mills
Municipality: Detroit
School district: DETROIT CITY SCHOOL DISTRICT
County: Wayne
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Mortgage Calculator
$
%
$
$
$
Monthly payment$4,141
Principal & interest$3,146
Property taxes$995
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
Download
2 Gbps
Upload
250 Mbps
CableLicensed Fixed WirelessGSO SatelliteSatelliteDSL
8 providers at this address
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
2731 JEROME Street, Detroit, MI 48212
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Neighborhood
Nolan
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Community
Detroit
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County
Wayne County
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