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    Highland Park, MI
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    Highland Park, MI Flex Space for Sale

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    Highland Park Flex/Warehouse Building
    Updated: Apr 24
    Highland Park Flex/Warehouse Building

    40 Victor St, Highland Park, MI 48203

    $1,490,000
    18,000 sqft
    18,000+ SF building with flexible office, warehouse, and storage space.
    Secure property with alarm system and 16 cameras. Privacy fence encloses 20+ parking spots.
    Prime location steps from Woodward Avenue and close to major freeways.
    11 temperature‑controlled insulated rooms.
    Updated plumbing, roof, painting, flooring, and 1200 AMP electrical service.
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    This listing looks promising.

    Here's a quick look at some key insights for

    40 Victor St, Highland Park, MI 48203

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    • Est. Cap Rate

      7.6%
      Above avg (5.9%)

    • Est. NOI

      $114K
      Annual

    • Price @ 7% Cap

      $1.62M
      Above asking

    • Property Type

      Manufacturing (Light)
      Built 1920
    View Property Analytics
    Versatile 3160 Sq. Ft. Property
    Updated: Oct 3, 2024
    Versatile 3160 Sq. Ft. Property

    Highland Park, MI 48203

    $275,000
    3,160 sqft 0.09 AC lot
    Large 3100 sq. ft. property
    Suitable for light industrial work
    Plenty of power available
    Secure property
    Mechanicals operational
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    Highland Park Flex/Industrial Property
    Highland Park Flex/Industrial Property

    160 Victor St, Highland Park, MI 48203

    $225,000
    4,268 sqft

    Convertible broadcast facility with fenced yard and clear shop area.

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    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 3 Active listings in Highland Park, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Industrial Warehouse with Office
    Industrial Warehouse with Office

    2203 E Mcnichols Road, Detroit, MI 48212

    $374,999
    8,000 sqft 1.00 AC lot

    30' clear height and drive-in bays support logistics, distribution, and light manufacturing operations.

    View details
    West End Hazel Park Flex Space
    West End Hazel Park Flex Space

    407 W 9 Mile Rd, Hazel Park, MI 48030

    $349,900
    2,251 sqft 0.19 AC lot

    Flex space property with adjacent lot in West End.

    View details
    1-Story Art Deco Industrial Building
    1-Story Art Deco Industrial Building

    2731 JEROME ST, Detroit, MI 48212

    $485,000
    18,977 sqft

    Large, flexible industrial building with open layout, concrete floors, and roll-up doors plus a small gated parking area.

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    Hazel Park Flex/Office Building
    Hazel Park Flex/Office Building

    1755 & 1785 E Nine Mile Rd, Hazel Park, MI 48030

    Contact for pricing
    7,559 sqft

    7,559 SF building near Ferndale and Royal Oak.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Aurora Industrial Land For Sale
    Aurora Industrial Land For Sale

    1100 South Chillicothe Road, Aurora, OH 44202

    $2,500,000
    25.00 AC lot

    25 acres of industrial land with frontage on State Route 43.

    View details
    Light Industrial Development Land
    Light Industrial Development Land

    850 N, Ossian, IN 46777

    $203,500
    8.14 AC lot

    8.14-acre light industrial site within Ossian city limits, with city utilities available and build-to-suit options.

    View details
    Dublin Development Land Available
    Dublin Development Land Available

    5751 Cosgray Road, Dublin, OH 43016

    $5,525,000
    2,831,400 sqft 65.00 AC lot

    65 +/- acre development land in Dublin, Ohio.

    View details
    36+ Acres in Tipp City
    36+ Acres in Tipp City

    6201 S Co Rd 25A, Tipp City, OH 45371

    $1,895,000
    36.43 AC lot

    36+ acres of commercial land in the North Dayton/Airport Market.

    View details

    Off-Market Properties in Highland Park, MI

    Consider similar Off-Market properties in Highland Park, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    Nwc Woodward & Bartlett
    Life science properties

    0 Nwc Woodward & Bartlett, Highland Park, MI 48203

    Value Estimation by Request
    37,347 sqft 1.25 AC lot
    View details

    Highland Park, MI Flex Space Market Trends and Statistics

    Explore 4 flex space for sale in Highland Park, MI, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 25,428 square feet of properties for sale, with an estimated market value of $1,990,000.

    Sale prices for business spaces in Highland Park, MI start at $225,000, averaging $663,333, and reaching up to $1,490,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Flex space 4
    Manufacturing properties 3
    Distribution centers 2
    Truck terminals 1

    Demographics Overview

    Population 20K
    Population Growth (5Y) -10.8%
    Median Household Income $35,108
    College Educated 27.0%

    High-Yield Neighborhoods for Investment

    Identify Highland Park submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    48203 $646.3K

    Taxes & Financing

    Tax Rate (average for all types) 5.94%
    Property Tax per SF $47.81 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Wayne County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Highland Park fall within the 5,000 to 10,000 square foot range.

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