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    Warehouse with Updated Utilities Title is generated by Realmo AI

    16676 James Couzens Freeway, Detroit, MI 48221

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    Warehouse space off the Lodge Freeway with updated plumbing and electrical, offered as part of a connected fenced lot.

    Type:Business for Sale, Mixed Use
    Property size:
    1,116 SF
    Price / SF:
    $134/SF
    Added:
    Jan 23, 2026
    Days on Market:
    148
    Last Refresh:
    Jun 20 at 2:12 am

    Property Features for 16676 James Couzens Freeway

    General Information

    Standard status
    Active
    Size
    1,116 SF
    Property subtype
    Business for Sale, Mixed Use

    Building Details

    Year Built
    1951

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    Listing Contact
    Victoria McKay

    Listing agent Victoria McKay License #MI 6502427681

    Listing office Keller Williams Realty-Great Lakes

    Listing date Jan 23, 2026

    Source Crexi

    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 Keller Williams Realty-Great Lakes

    HighLights

    • Warehouse space built in 1951
    • Offered as part of a connected fenced‑in lot that includes this parcel plus two additional parcels
    • All plumbing and electrical have been updated
    • Connected building at 16666 James Couzens is also being sold
    • Conveniently located right off the Lodge Freeway

    Overview

    This warehouse offers a flexible, open interior layout suited to a range of operational needs. The property’s plumbing and electrical have been updated, providing a more readily usable base for an incoming tenant or buyer. The space is presented as a blank canvas for customizing the layout to fit business requirements.

    The site is conveniently located right off of The Lodge Freeway. The sale includes two additional parcels that combine to form the connected fenced-in lot associated with the property. This listing also notes that the adjacent building connected to the lot, 16666 James Couzens, is being sold as well.

    For tenants or buyers looking for a warehouse with utility updates and room to tailor the space, this offering provides a practical starting point. The inclusion of connected fenced lot parcels can also support operations that benefit from contained outdoor space, while the possible acquisition of the connected building may appeal to users seeking an expanded footprint.

    Local Financial Insights For Warehouse

    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 $9.8k $8.76
    − Vacancy −$420 −$0.38
    EGI $9.4k $8.38
    − OpEx −$1.4k −$1.26
    NOI $8.0k $7.13
    1,116 SF · lease $8.76/SF/yr · vacancy 4.30% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $113.6K
    $99.4K – $132.5K (±1% cap)
    NOI $7,952 @ 7.0% cap · market cap 5.30%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $246.2K
    $215.4K – $287.2K (±1% cap)
    NOI $17,234 @ 7.0% cap · market cap 11.49%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Similar Places Nearby

    • Self Storage — 15335 indiana st, detroit, mi 48238
    • Atomic Warehousing, USA LLC — 11000 W McNichols Rd, Detroit, MI 48221

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.1690848
    Latitude
    42.4140377

    FAQs

    What type of property is this?
    Warehouse - Warehouse space off the Lodge Freeway with updated plumbing and electrical, offered as part of a connected fenced lot.
    Where is this warehouse located?
    The property is located at 16676 James Couzens Freeway Detroit, MI.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: Warehouse space built in 1951; Offered as part of a connected fenced‑in lot that includes this parcel plus two additional parcels; All plumbing and electrical have been updated
    More about this property
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