Turnkey Truck Terminal
11720 Cloverdale Street Unit SourceFi Detroit, MI 48204
11720 Cloverdale Street Unit SourceFi, Detroit, MI, 48204
$590,000
For Sale
$590,000
Turnkey trucking and liquidation operation offered with real estate, equipment, and inventory included, plus training support during transition.
Property Size7,454 SF
Lot Size1.00 Acre
Price / SF$79.15
Days on Market102
Property Features for 11720 Cloverdale Street Unit SourceFi
General Information
- Standard status
- Active
- Size
- 7,454 SF
- Lot size
- 1.00 Acre
- Property subtype
- Industrial
Building Details
- Year Built
- 19
Listing Agency
NATOD Management
(313) 693-0984
Listed by
Drake O'Donnell
(313) 693-0984
Source
Xome
Added: Apr 11 Updated: Jul 18 at 2:31 am Checked: Jul 20 at 1:43 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NATOD Management
Investment Insights
Based on property information with market context.
This for-sale truck terminal offering is presented as a turnkey commercial opportunity, including an active trucking and liquidation business with the real estate, equipment, and inventory included in the sale. The package is described as three parcels, and the current owner is willing to remain on-site during a transition period to train a new buyer.
The properties include three buildings providing operational space within the three-parcel configuration. The sale can be structured as a package or individually, with this listing tied to the parcel at 11720 Cloverdale Street.
All measurements and figures are approximate, and the buyer should verify all measurements, zoning, and permitted uses. Please do not approach employees or ownership directly; contact the listing agent to schedule a private showing.
The properties include three buildings providing operational space within the three-parcel configuration. The sale can be structured as a package or individually, with this listing tied to the parcel at 11720 Cloverdale Street.
All measurements and figures are approximate, and the buyer should verify all measurements, zoning, and permitted uses. Please do not approach employees or ownership directly; contact the listing agent to schedule a private showing.
Key Highlights
- Turnkey trucking and liquidation operation includes real estate, equipment, and inventory (business fully active and income‑producing).
- Three‑parcel package: 11710, 11720, and 11756 Cloverdale, totaling 1+ acre with 3 buildings and 16,486 SF operational space.
- Includes all inventory in the sale, with the current owner willing to remain on‑site during a transition period to train the buyer.
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $65.3k | $8.76 |
| − Vacancy | −$2.8k | −$0.38 |
| EGI | $62.5k | $8.38 |
| − OpEx | −$9.4k | −$1.26 |
| NOI | $53.1k | $7.13 |
7,454 SF · lease $8.76/SF/yr · vacancy 4.30% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$758.8K
$664.0K – $885.3K
NOI $53,116 @ 7.0% cap · market cap 9.00%
Second Best
Industrial
$517.9K
$453.2K – $604.2K
NOI $36,254 @ 7.0% cap · market cap 6.14%
Theoretical Best
Office A
$1.64M
$1.44M – $1.92M
NOI $115,107 @ 7.0% cap · market cap 19.51%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Truck terminals
Similar For Sale Nearby
FAQs
What type of property is this?
Truck terminal - Turnkey trucking and liquidation operation offered with real estate, equipment, and inventory included, plus training support during transition.
Where is this truck terminal located?
The property is located at 11720 Cloverdale Street Unit SourceFi Detroit, MI.
What is the asking price?
The asking price for this property is $590,000.
What are key features of this property?
This property features: Turnkey trucking and liquidation operation includes real estate, equipment, and inventory (business fully active and income‑producing).; Three‑parcel package: 11710, 11720, and 11756 Cloverdale, totaling 1+ acre with 3 buildings and 16,486 SF operational space.; Includes all inventory in the sale, with the current owner willing to remain on‑site during a transition period to train the buyer.
