Industrial Warehouse Near Telegraph
26390 Van Born Road Dearborn Heights, MI 48125
For Sale
$1,629,493
26,520 SF warehouse with easy access to major roads.
Property Size26,520 SF
Lot Size1.56 Acres
Price / SF$61.44
Days on Market125
Property Features for 26390 Van Born Road
General Information
- Standard status
- Active
- Size
- 26,520 SF
- Lot size
- 1.56 Acres
- Property subtype
- Industrial
Listing Agency:
CBRE | Detroit
(248) 936-6813
Listed By:
Joseph Hauska
(248) 936-6813
Source:
Cbre
Added: Mar 25
Changed: Jul 6
Last Checked: Jul 27 at 6:24AM
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 CBRE | Detroit
Investment Insights
Based on property information with market context.
This 26,520 square foot industrial warehouse is situated on 1.56 acres. The property benefits from its location off Van Born Road, offering convenient access to Telegraph Road and I-94. It will be available starting November 1, 2023.
Key Highlights
- Great location off Van Born Road
- Easy Access to Telegraph Road and I‑94
- Large 26,520 SF property
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 | $203.7k | $7.68 |
| − Vacancy | −$7.5k | −$0.28 |
| EGI | $196.1k | $7.40 |
| − OpEx | −$58.8k | −$2.22 |
| NOI | $137.3k | $5.18 |
26,520 SF · lease $7.68/SF/yr · vacancy 3.70% · expense 30.00%
Alternative Uses
Best Use
Warehouse
$2.38M
$2.08M – $2.78M
NOI $166,717 @ 7.0% cap · market cap 10.23%
Second Best
Industrial
$1.96M
$1.72M – $2.29M
NOI $137,296 @ 7.0% cap · market cap 8.43%
Theoretical Best
Specialty Retail
$4.91M
$4.30M – $5.73M
NOI $343,699 @ 7.0% cap · market cap 21.09%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Premium Safe Tires ...
(Bike/Boat/Book/etc) Store
Similar Off Market Nearby
- Davenport Enterprises LLC / Metro Vehicle Storage — 26380 Van Born Rd, Dearborn Heights, MI 48125
- Inkster Vehicle Storage — 26100 Annapolis St, Inkster, MI 48141
- Bayham Street Bunkers — 5310 Bayham St, Dearborn Heights, MI 48125
FAQs
What type of property is this?
Warehouse - 26,520 SF warehouse with easy access to major roads.
Where is this warehouse located?
The property is located at 26390 Van Born Road Dearborn Heights, MI.
What is the asking price?
The asking price for this property is $1,629,493.
What are key features of this property?
This property features: Great location off Van Born Road; Easy Access to Telegraph Road and I‑94; Large 26,520 SF property
