High-Clearance
New
For Sale
$850,000
12925 Auburn Street, Detroit, MI 48223
Vacant high-clearance warehouse with paved parking and service yard, plus grade-level overhead door access.
Property Size11,153 SF
Lot Size0.61 Acres
Price / SF$76.21
Days on Market3
Property Features for 12925 Auburn Street
General Information
Standard status
Active
Size
11,153 SF
Lot size
0.61 Acres
Property subtype
Commercial
Additional Details
Warehouse Space
11,153 SF
Building Details
Building Size
11,153 SF
Year Built
1927
Listing Agency:
ARG Realty
(313) 792-8030
Listed By:
Tarick M Salmaci · License #6502368290
Source:
Eliterealtymi
Added: Jul 28
Changed: Jul 29
Last Checked: Jul 29 at 4:56PM
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 ARG Realty
Investment Insights
Based on property information with market context.
High-clearance industrial warehouse totaling approximately 11,153 SF, situated on a 26,500 SF site with paved parking and a service yard area. The building features grade-level overhead door access and a flexible industrial layout designed to support contractor, fleet, storage, distribution, manufacturing, or service-related operations.
The property is located at 12925 Auburn Street in Detroit, within the city’s industrial corridor, with convenient access to major freeways and transportation routes.
Offered vacant, the warehouse provides immediate occupancy and operational flexibility for an owner-user or investor looking to take possession without existing tenant constraints. Built in 1927, the facility is positioned for practical day-to-day industrial use.
The property is located at 12925 Auburn Street in Detroit, within the city’s industrial corridor, with convenient access to major freeways and transportation routes.
Offered vacant, the warehouse provides immediate occupancy and operational flexibility for an owner-user or investor looking to take possession without existing tenant constraints. Built in 1927, the facility is positioned for practical day-to-day industrial use.
Key Highlights
- Approximately 11,153 SF high‑clearance warehouse on a 26,500 SF site
- Vacant property for immediate occupancy and operational flexibility
- Paved parking and a service yard area for industrial operations
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 | $81.6k | $7.32 |
| − Vacancy | −$4.1k | −$0.37 |
| EGI | $77.5k | $6.95 |
| − OpEx | −$23.2k | −$2.08 |
| NOI | $54.2k | $4.86 |
11,153 SF · lease $7.32/SF/yr · vacancy 5.08% · expense 30.00%
Alternative Uses
Best Use
Warehouse
$1.14M
$993.4K – $1.32M
NOI $79,474 @ 7.0% cap · market cap 9.35%
Second Best
Industrial
$774.9K
$678.1K – $904.1K
NOI $54,245 @ 7.0% cap · market cap 6.38%
Theoretical Best
Office A
$2.46M
$2.15M – $2.87M
NOI $172,228 @ 7.0% cap · market cap 20.26%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
306
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 48223, MI
22,956
Population
11,264
Households
2
Avg Household Size
36
Median Age
19%
College-Educated
91%
High-School Grad
6.1 sq mi
ZIP Area
3,763
Density / Sq Mi
$42,324
Median Household Income
$30,119
Median Earnings
$1,013
Median Rent
$87,700
Median Home Value
Market
Properties on Market for Warehouses in Wayne County
Vacancy Rate% for Industrial in Detroit, MI
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Warehouse - Vacant high-clearance warehouse with paved parking and service yard, plus grade-level overhead door access.
Where is this warehouse located?
The property is located at 12925 Auburn Street Detroit, MI.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Approximately 11,153 SF high‑clearance warehouse on a 26,500 SF site; Vacant property for immediate occupancy and operational flexibility; Paved parking and a service yard area for industrial operations
