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    18585 Allen Rd Melvindale, MI 48122

    Sponsored
    For Sale
    $279,900

    Spacious Industrial Building, Ample Parking

    Property size:
    3,200 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This 3,200 square foot commercial building presents a fantastic opportunity for businesses seeking a well-located industrial space in Melvindale, Michigan. Situated on a 0.18-acre lot, the property boasts ample parking, a significant advantage for businesses requiring convenient access and loading/unloading capabilities. The building's interior is thoughtfully divided into two distinct spaces, offering flexibility for various operational needs. Each space provides a generous amount of usable area, allowing for efficient layout and workflow optimization. The building's prime location in the heart of Melvindale ensures easy access to major transportation routes, enhancing logistical efficiency and streamlining operations. This is an ideal property for businesses seeking a functional and strategically positioned industrial space to support their growth and expansion. The asking price of $279,900 represents a compelling investment opportunity in a thriving commercial area. The property's size, layout, and location combine to create a highly desirable asset for a wide range of industrial businesses. Serious inquiries are encouraged to explore this exceptional opportunity further. The property is ready for immediate occupancy, allowing for a swift transition and commencement of operations.

    Property Features for 18585 Allen Rd

    General Information

    Property type
    Industrial properties
    Square Feet
    3,200 SF
    Lot Size
    7,841 SF

    Building Details

    Year Built
    1919
    Property Profile Location Intelligence

    Current Use by Public Records

    Prime Suds Laundromat Laundry Speedy Suds Laundromat Laundry Service

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Melvindale
    County
    Wayne
    State
    Michigan
    Longitude
    -83.18934
    Latitude
    42.28024

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    FAQs

    What type of property is this?
    Industrial property - Spacious Industrial Building, Ample Parking
    Where is this industrial property located?
    The property is located at 18585 Allen Rd Melvindale, MI.
    What is the asking price?
    The asking price for this property is $279,900.
    (313) 561-0900
    Request Owner's contact information
    18585 Allen Rd Melvindale, MI 48122
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    Melvindale, MI 48122
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    18585 Allen Rd Melvindale, MI 48122
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