For Sale
5341 E Nevada Street, Detroit, MI 48234
$134,900
MLS # 20261023264 (Realcomp)
Built 19580.05 acres
1 / 30
Listing Description
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 redevelopmentRare chance to secure both improved property and industrial land in one package—position your business or portfolio for long-term upside.
Source: SparkMLS
About this home
Asking $134,900.
Annual property taxes run approximately $4,364 ($364/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.
Listing Property Details
Property TypeCommercial Sale
Bathrooms0
Lot Size0.05 acres
Year Built1958
Location
CityDetroit
Zip Code48234
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
WaterPublic
Sale & Financing
Listed4/7/2026
Original Price$149,900
Source: SparkMLS
Tax Information
Annual Tax$1,144
Tax Year2025
State Equalized Value$53,100
Assessed Value$53,100
Parcel #13007977.
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 Samar Taha
Sonic Realty LLC
Frequently Asked Questions about 5341 E Nevada Street, Detroit, MI 48234
What school district is 5341 E Nevada Street, Detroit, MI 48234 in?
Per MLS# 20261023264, this property is served by Detroit. In Michigan, school district boundaries are set by the state and do not always follow city limits.
How much are property taxes for this home?
Per MLS# 20261023264, the most recent reported annual property tax for 5341 E Nevada Street, Detroit, MI 48234 is $6,969. 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.
Is 5341 E Nevada Street, Detroit, MI 48234 eligible for USDA financing?
Per USDA Rural Development boundary data, 5341 E Nevada Street, Detroit, MI 48234 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.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 5341 E Nevada Street, Detroit, MI 48234 is in flood zone X (minimal risk). 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.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. Water: Public. Confirm service details directly with providers.
How safe is this area?
Per our practice, crime and safety data should be obtained directly from the authoritative source. Wayne County law enforcement agencies participate in CLEMIS (Courts and Law Enforcement Management Information System) for public safety records.
Map
Tax Estimate
$
Annual tax$4,364
Monthly$364
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
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Monthly payment$1,239
Principal & interest$875
Property taxes$364
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
5341 E Nevada Street, Detroit, MI 48234
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Neighborhood
Pershing
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Community
Detroit
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County
Wayne County
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