Flex Space with Five-Ton
For Sale
Contact for pricing
12221 Dixie, Redford, MI 48239
Flex space with M2 zoning, executive-style offices, epoxy floors, heavy power, and crane service for efficient operations.
Property Size12,000 SF
Price / SF$72.92
Days on Market463
Property Features for 12221 Dixie
General Information
Standard status
Active
Size
12,000 SF
Property subtype
INDUSTRIAL
Zoning
M2
Additional Details
Asking Price
$875,000
Heavy Power
Yes
Building Details
Building Size
12,000 SF
Listing Agency:
NAI Farbman | Detroit
(248) 353-0500
Listed By:
Michael Kalil
Source:
Moodyscre
Added: Apr 25, 2025
Changed: Jul 30
Last Checked: Jul 30 at 5:03PM
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 NAI Farbman | Detroit
Investment Insights
Based on property information with market context.
This flex space offers approximately 12,000 SF designed for light industrial and warehouse-style use, with executive-style offices built into the layout. Interior finishes include epoxy floors, supporting durability and day-to-day operations.
The facility is equipped with heavy power and includes crane capacity with (2) 5 Ton cranes. Loading functionality is supported by a 12 x 14 OHD.
Zoned M2, the property is set up for business users seeking a functional flex platform with both office presence and material-handling capability.
The facility is equipped with heavy power and includes crane capacity with (2) 5 Ton cranes. Loading functionality is supported by a 12 x 14 OHD.
Zoned M2, the property is set up for business users seeking a functional flex platform with both office presence and material-handling capability.
Key Highlights
- Approximately 12,000 SF flex space
- M2 zoning
- Heavy power
Financial Insights For Industrial
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 | $87.8k | $7.32 |
| − Vacancy | −$4.5k | −$0.37 |
| EGI | $83.4k | $6.95 |
| − OpEx | −$25.0k | −$2.08 |
| NOI | $58.4k | $4.86 |
12,000 SF · lease $7.32/SF/yr · vacancy 5.08% · expense 30.00%
Alternative Uses
Best Use
Flex RnD
$1.23M
$1.08M – $1.44M
NOI $86,112 @ 7.0% cap · market cap 9.84%
Second Best
Warehouse
$1.22M
$1.07M – $1.43M
NOI $85,510 @ 7.0% cap · market cap 9.77%
Theoretical Best
Office A
$2.65M
$2.32M – $3.09M
NOI $185,307 @ 7.0% cap · market cap 21.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Heavy power
Location Intelligence
Trade Area within ½ mile
379
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 48239, MI
36,814
Population
14,869
Households
2.5
Avg Household Size
40
Median Age
23%
College-Educated
93%
High-School Grad
9.5 sq mi
ZIP Area
3,875
Density / Sq Mi
$69,373
Median Household Income
$41,113
Median Earnings
$1,355
Median Rent
$145,900
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Compass Group North America — 10000 Telegraph Rd, Redford Charter Twp, MI 48239
Frequently Asked Questions
What type of property is this?
Flex space - Flex space with M2 zoning, executive-style offices, epoxy floors, heavy power, and crane service for efficient operations.
Where is this flex space located?
The property is located at 12221 Dixie Redford, MI.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Approximately 12,000 SF flex space; M2 zoning; Heavy power
