11201 Morang Dr Detroit, MI 48224-1704
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B4 · Detroit, MIDetroit. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.