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    11201 Morang Dr Detroit, MI 48224

    Sponsored
    For Sale
    $275,000

    11,080 SF Warehouse, New Roof, Great Location

    Property size:
    11,080 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This 11,080 square foot industrial warehouse, situated on a 0.18-acre lot in Detroit, MI, at 11201 Morang, presents a compelling investment opportunity. Ideally located on the border of Grosse Pointe Woods, this property benefits from excellent visibility and accessibility. Currently configured as a tire shop and storage facility, the building's versatile layout allows for a variety of commercial uses. Recent upgrades include a brand-new roof and completely new electrical wiring, significantly reducing upfront capital expenditures for the new owner. The existing infrastructure provides a solid foundation for immediate occupancy or customization to suit specific business requirements. The property's prime location offers easy access to major transportation routes, enhancing logistical efficiency for businesses relying on efficient distribution networks. This is an exceptional chance to acquire a well-maintained industrial space in a thriving area, offering significant potential for growth and return on investment. The asking price for this exceptional property is $275,000. Serious inquiries are encouraged.

    Property Features for 11201 Morang Dr

    General Information

    Property type
    Industrial properties
    Square Feet
    11,080 SF
    Lot Size
    7,841 SF

    Building Details

    Year Built
    1919
    Property Profile Location Intelligence

    Current Use by Public Records

    Industrial properties

    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
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -82.94406
    Latitude
    42.42339

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    FAQs

    What type of property is this?
    Industrial property - 11,080 SF Warehouse, New Roof, Great Location
    Where is this industrial property located?
    The property is located at 11201 Morang Dr Detroit, MI.
    What is the asking price?
    The asking price for this property is $275,000.
    (888) 501-7085
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    11201 Morang Dr Detroit, MI 48224
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    Detroit, MI 48224
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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
    11201 Morang Dr Detroit, MI 48224
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