Center Line, MI Industrial Properties for Sale

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Warren, MI Detroit, MI Madison Heights, MI

Updated: Sep 23, 2024

Truck Terminal with Parking

24650 Sherwood Avenue, Center Line, MI 48015

$1,600,000

14,776 sqft · 1.60 AC lot

Truck parking available
Forced air heating
Parking lot on site
Built in 1988
Public water source

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This listing looks promising.

Here's a quick look at some key insights for

24650 Sherwood Avenue, Center Line, MI 48015

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Est. Cap Rate

6.1%
Above avg (5.9%)
Est. NOI

$97K
Annual
Mortgage

$800K
Jul 2021
Last Sold

Feb 2020
$725K
Property Type

Commercial (General)
Built 1988

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Updated: May 22

Industrial Warehouse with Two Grade Doors

6646 E 11 Mile Road, Center Line, MI 48015

$450,000

0.54 AC lot

Approx. 4,620 SF industrial/commercial building built in 1986 on a 0.54‑acre lot in Center Line
Zoned M‑2 Heavy Industrial
Two oversized grade‑level overhead doors for loading and operational access
Fenced outdoor storage area plus expansive concrete parking/loading space
Public water source

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Heavy Industrial Warehouse with Yard

6646 E 11 Mile Rd, Center Line, MI 48015

$450,000

4,620 sqft · 0.54 AC lot

Heavy industrial building with grade-level doors, fenced storage, and convenient expressway access for flexible logistics use.

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Truck Terminal with Ample Parking

25411 Sherwood Avenue, Center Line, MI 48015

$1,795,000

26,157 sqft · 0.90 AC lot

Truck parking, outside storage, and a well-maintained building support flexible industrial operations.

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Truck Parking Investment Opportunity

24650 Sherwood Ave, Center Line, MI 48015

$1,600,000

1.60 AC lot

Well-maintained building with truck parking available for sale.

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Based on your search, we've compiled 41 Potential Opportunities for your consideration. Besides 5 Active listings in Center Line, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 28 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.

Warehouse with Established Electrical Business

23404 Sherwood Ave, Warren, MI 48091

$3,475,000

12,000 sqft

12,000 SF warehouse with long-standing electrical contracting business.

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Heavy Industrial Flex Warehouse

25211 Mound, Warren, MI 48091

$244,900

2,000 sqft

Heavy industrial flex building with office, ample power, drive-through capability, and rear parking.

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Warren Industrial Property For Sale

25411 Sherwood Ave, Warren, MI 48015

$1,795,000

0.90 AC lot

Industrial property in Warren, featuring truck parking and outside storage.

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Freestanding Flex/R&D Facility For Sale

25560 Mound Rd, Warren, MI 48091

$3,500,000

20,505 sqft

Flex/R&D facility with frontage and signage on Mound Road.

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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.

Vacant Land Zoned M-2

2019 Riggs Ave, Warren, MI 48091

$120,000

Vacant land zoned M-2, eligible for cultivation.

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Detroit Light Industrial Land Parcels

18850 MOUNT ELLIOTT Street, Detroit, MI 48234

$75,000

0.72 AC lot

Three light industrial parcels with frontage on Mount Elliott Street.

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Commercial Land with Road Frontage

13 Mile Road, Roseville, MI 48066

$161,100

1.33 AC lot

Build-to-suit commercial land with a proposed multi-tenant building plan and substantial visibility on a major road.

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Vacant Structure in Industrial District

6460 CYMBAL St, Detroit, MI 48211

Contact for pricing

Vacant structure on a large lot in Detroit's industrial district.

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Off-Market Properties in Center Line, MI

Consider similar Off-Market properties in Center Line, 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.

INDUSTRIAL (GENERAL)

23896 Sherwood, Center Line, MI 48015-2011

$625,000

Estimated value

14,016 sqft · 0.77 AC lot

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LIGHT INDUSTRIAL

7300 Bernice, Center Line, MI 48015-1249

$2,265,000

Estimated value

52,800 sqft · 3.80 AC lot

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INDUSTRIAL (GENERAL)

25999 Lawrence, Center Line, MI 48015-1136

$30,500,000

Estimated value

71.94 AC lot

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INDUSTRIAL (GENERAL)

26311 Lawrence, Center Line, MI 48015-1241

Value Estimation by Request

159,918 sqft · 6.91 AC lot

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INDUSTRIAL (GENERAL)

25800 Sherwood Ave, Center Line, MI 48015

$1,375,000

Estimated value

32,000 sqft · 3.48 AC lot

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INDUSTRIAL (GENERAL)

8833 10th Mile Rd, Center Line, MI 48015-1506

Value Estimation by Request

11,031 sqft · 0.25 AC lot

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INDUSTRIAL (GENERAL)

25440 Sherwood, Center Line, MI 48015

$605,000

Estimated value

14,091 sqft · 1.30 AC lot

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INDUSTRIAL (GENERAL)

23862 Sherwood, Center Line, MI 48015-2011

$680,000

Estimated value

15,895 sqft · 2.06 AC lot

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INDUSTRIAL (GENERAL)

24647 Sherwood, Center Line, MI 48015-1045

$4,495,000

Estimated value

56,642 sqft · 2.82 AC lot

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INDUSTRIAL (GENERAL)

24400 Sherwood, Center Line, MI 48015-2023

$3,770,000

Estimated value

87,897 sqft · 4.73 AC lot

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INDUSTRIAL (GENERAL)

23930 Sherwood, Center Line, MI 48015-2010

$2,820,000

Estimated value

65,767 sqft · 3.19 AC lot

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INDUSTRIAL (GENERAL)

26549 Lawrence, Center Line, MI 48015-1239

Value Estimation by Request

6,000 sqft · 0.42 AC lot

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INDUSTRIAL (GENERAL)

6403 Rinke, Center Line, MI 48015

Value Estimation by Request

4,824 sqft · 1.56 AC lot

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INDUSTRIAL (GENERAL)

26020 Sherwood Ave, Center Line, MI 48015

Value Estimation by Request

4,750 sqft · 0.84 AC lot

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INDUSTRIAL (GENERAL)

26020 Sherwood Ave, Center Line, MI 48015

Value Estimation by Request

1.38 AC lot

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INDUSTRIAL (GENERAL)

6497 10th Mile Rd, Center Line, MI 48015-1163

Value Estimation by Request

3.48 AC lot

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INDUSTRIAL (GENERAL)

24600 Sherwood, Center Line, MI 48015-1046

Value Estimation by Request

2.00 AC lot

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Distribution properties

24650 Sherwood Ave, Center Line, MI 48015

Value Estimation by Request

14,776 sqft · 1.60 AC lot

View details

INDUSTRIAL (GENERAL)

24331 Sherwood, Center Line, MI 48015-1060

$15,450,000

Estimated value

360,160 sqft · 14.85 AC lot

View details

Center Line, MI Industrial Properties Market Trends and Statistics

Explore 33 industrial properties for sale in Center Line, MI, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 45,553 square feet of properties for sale, with an estimated market value of $3,845,000.

Sale prices for industrial buildings in Center Line, MI start at $450,000, averaging $1,281,666, and reaching up to $1,795,000 — 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

Demographics Overview

Population 8,448

Population Growth (5Y) +1.8%

Median Household Income $52,857

College Educated 25.2%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
48015	$1.2M

Taxes & Financing

Tax Rate (average for all types) 5.30%

Property Tax per SF $53.12 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Macomb County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Macomb County

Residential Income

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Center Line, MI Industrial Properties for Sale

24650 Sherwood Avenue, Center Line, MI 48015

6646 E 11 Mile Road, Center Line, MI 48015

6646 E 11 Mile Rd, Center Line, MI 48015

25411 Sherwood Avenue, Center Line, MI 48015

24650 Sherwood Ave, Center Line, MI 48015

Opportunities in Nearby Cities

23404 Sherwood Ave, Warren, MI 48091

25211 Mound, Warren, MI 48091

25411 Sherwood Ave, Warren, MI 48015

25560 Mound Rd, Warren, MI 48091

Potential Development Sites for Consideration

2019 Riggs Ave, Warren, MI 48091

18850 MOUNT ELLIOTT Street, Detroit, MI 48234

13 Mile Road, Roseville, MI 48066

6460 CYMBAL St, Detroit, MI 48211

Off-Market Properties in Center Line, MI

23896 Sherwood, Center Line, MI 48015-2011

7300 Bernice, Center Line, MI 48015-1249

25999 Lawrence, Center Line, MI 48015-1136

26311 Lawrence, Center Line, MI 48015-1241

25800 Sherwood Ave, Center Line, MI 48015

8833 10th Mile Rd, Center Line, MI 48015-1506

25440 Sherwood, Center Line, MI 48015

23862 Sherwood, Center Line, MI 48015-2011

24647 Sherwood, Center Line, MI 48015-1045

24400 Sherwood, Center Line, MI 48015-2023

23930 Sherwood, Center Line, MI 48015-2010

26549 Lawrence, Center Line, MI 48015-1239

6403 Rinke, Center Line, MI 48015

26020 Sherwood Ave, Center Line, MI 48015

26020 Sherwood Ave, Center Line, MI 48015

6497 10th Mile Rd, Center Line, MI 48015-1163

24600 Sherwood, Center Line, MI 48015-1046

24650 Sherwood Ave, Center Line, MI 48015

24331 Sherwood, Center Line, MI 48015-1060

Center Line, MI Industrial Properties Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

Average Property Price per SF

Residential Income

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