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    5802 E 8 Mile Rd Detroit, MI 48234

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    For Sale
    $525,000

    28,000 SF industrial property with 3 truckwells on 0.98 acres.

    Property size:
    28,000 SF
    Lot size:
    0.85 Acres

    Property Features for 5802 E 8 Mile Rd

    General Information

    Size
    28,000 SF
    Lot size
    0.85 Acres

    Source: NAI Farbman - Corporate Agent Brian Crawford

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    28,000 SF Industrial Property

    This industrial property offers 28,000 square feet of space, including 3,000 square feet of office area. The property is situated on a 0.98-acre lot and is zoned B-4. It features an open layout and includes three truckwells. The electrical system provides 1000 amps at 220 volts, with 3-phase power. This property is available for sale.
    Property Profile Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

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

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

    Similar Places Nearby

    Safe & Smart Moving LLC

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.045014
    Latitude
    42.447369

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    FAQs

    What type of property is this?
    Warehouse - 28,000 SF industrial property with 3 truckwells on 0.98 acres.
    Where is this warehouse located?
    The property is located at 5802 E 8 Mile Rd Detroit, MI.
    What is the asking price?
    The asking price for this property is $525,000.
    What are key features of this property?
    This property features: - 28,000 SF Available: Substantial space suitable for various business operations.; - Features (3) Truckwells: Facilitates efficient loading and unloading of goods.; - 0.98 Acres: Large lot provides ample space for parking, storage, or expansion.
    (248) 351-4376
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    5802 E 8 Mile Rd Detroit, MI 48234
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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
    5802 E 8 Mile Rd Detroit, MI 48234
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