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Warehouse Property For Sale
For Sale
$4,200,000

18695 Sherwood St, Detroit, MI 48234

Warehouse property offered for sale at 18695 Sherwood St in Detroit, MI.

Property Size80,950 SF
Days on Market120

Property Features for 18695 Sherwood St

General Information

Standard status Active
Size 80,950 SF
Property subtype Industrial - Manufacturing

Building Details

Building Size 80,950 SF
Year Built 1967
Listing Agency: Signature Associates
Listed By: Steve G. Gordon
Source: Commercialcafe
Added: May 14 Changed: Sep 8 Last Checked: Sep 9 at 6:15AM

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

Investment Insights

Based on property information with market context.

This offering consists of a commercial warehouse property available for sale.

The property is located at 18695 Sherwood St in Detroit, Michigan 48234.

Additional details regarding the building configuration, size, condition, or specific improvements were not provided.

Key Highlights

  • Warehouse property offered for sale at 18695 Sherwood St in Detroit, MI
  • Built in 1967

Property Analytics

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Open Analytics

Current Use

Alro Steel, Detroit Factory

Suggested Use

Top Pick Real Estate Agency Dental Office Spa & Massage Center Gym & Fitness Center Skin Care Clinic Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

483
Businesses Nearby
Under-served
Demand for This Use

Demographics for 48234, MI

31,442
Population
15,688
Households
2
Avg Household Size
36
Median Age
11%
College-Educated
84%
High-School Grad
7.8 sq mi
ZIP Area
4,031
Density / Sq Mi
$36,473
Median Household Income
$31,587
Median Earnings
$965
Median Rent
$57,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Detroit, MI

3% 2019
4.2% 2020
2.5% 2021
2.4% 2022
3% 2023
3.4% 2024
3.7% 2025
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Similar Off Market Nearby

  • Self-Storage at U-Haul 8055 Seven Mile E, Detroit, MI 48234

Frequently Asked Questions

What type of property is this?
Warehouse - Warehouse property offered for sale at 18695 Sherwood St in Detroit, MI.
Where is this warehouse located?
The property is located at 18695 Sherwood St Detroit, MI.
What is the asking price?
The asking price for this property is $4,200,000.
What are key features of this property?
This property features: Warehouse property offered for sale at 18695 Sherwood St in Detroit, MI; Built in 1967
More about this property
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