Freestanding Industrial
For Sale
Contact for pricing
11945 Globe St, Livonia, MI 48150
Clear-span space offers an open interior configuration for industrial operations.
Property Size8,080 SF
Price / SF$0.00
Days on Market14
Property Features for 11945 Globe St
General Information
Standard status
Active
Size
8,080 SF
Total Parking Spaces
18
Property subtype
Industrial
Zoning
Lt. Industrial
Additional Details
Clear Span
Yes
Building Details
Building Size
8,080 SF
Year Built
1969
Buildings
1
Listing Agency:
Signature Associates - Southfield
Listed By:
Gary F. Sallen
(248) 948-0105
Source:
Cpix.resimplifi
Added: Oct 20
Changed: Oct 31
Last Checked: Nov 1 at 2:23AM
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 Signature Associates - Southfield
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Investment Insights
Based on property information with market context.
The freestanding industrial building contains 8,080 square feet of clear-span space, providing an open interior without stated column interruptions. Built in 1969, the property is zoned Lt. Industrial.
Located at 11945 Globe St in western Livonia, the building is a standalone industrial property.
Located at 11945 Globe St in western Livonia, the building is a standalone industrial property.
Key Highlights
- 8,080‑square‑foot industrial building
- Clear‑span interior
- Freestanding building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,831
Suggested Prices Based on Cap Rates
Cap Rate 5%
$836,620
$836.6K
Cap Rate 7%
$597,586
$597.6K
Cap Rate 9%
$464,789
$464.8K
Market Conditions
NOI Build-Up for 8,080 SF
Gross rent
$62.1K $7.68/SF
− Vacancy
−$2.3K −$0.28/SF
EGI
$59.8K $7.40/SF
− OpEx
−$17.9K −$2.22/SF
NOI
$41.8K $5.18/SF
Area
Wayne County, MI
Vacancy
3.70%
Lease Rate
$7.68 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$836,620
Cap Rate 7%
$597,586
Cap Rate 9%
$464,789
Alternative Uses
Best Use
Industrial
$597.6K
$522.9K – $697.2K
NOI $41,831 @ 7.0% cap · market cap 477,522.83%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.50M
$1.31M – $1.75M
NOI $104,717 @ 7.0% cap · market cap 1,195,399.54%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
388
Businesses Nearby
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Business Placement
Demographics for 48150, MI
26,573
Population
10,724
Households
2.5
Avg Household Size
42
Median Age
36%
College-Educated
96%
High-School Grad
12.1 sq mi
ZIP Area
2,196
Density / Sq Mi
$94,058
Median Household Income
$50,779
Median Earnings
$1,328
Median Rent
$228,600
Median Home Value
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Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Industrial property - Clear-span space offers an open interior configuration for industrial operations.
Where is this industrial property located?
The property is located at 11945 Globe St Livonia, MI.
What are key features of this property?
This property features: 8,080‑square‑foot industrial building; Clear‑span interior; Freestanding building
