20237-20227 John R St Detroit, MI 48203
Purpose-built industrial warehouse offers 16-foot clear height and drive-in big doors designed for efficient distribution.
- Added:
- Jul 9, 2026
- Days on Market:
- 3
- Last Refresh:
- Jul 9 at 2:06 am
Property Features for 20237-20227 John R St
General Information
- Standard status
- Active
- Size
- 10,656 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1994
Listing office (248) 813-4900
Listing date Jul 9, 2026
Source Elliman
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 Jack Butris
Investment Insights
Based on property information with market context.
The property is positioned for immediate, efficient access to major shipping corridors, including Highway 1-75 Freeway. For everyday mobility, it has a BikeScore of 46 and a WalkScore of 55, indicating somewhat bikeable and somewhat walkable conditions.
Overall, the configuration and clear height support straightforward warehouse and distribution use with dependable access for freight handling.
Key Highlights
- Purpose‑built 10,656 SF industrial warehouse built in 1994
- 16‑foot clear height ceilings designed for efficient distribution operations
- Drive‑in big doors for warehouse loading and receiving
Local 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 | $78.0k | $7.32 |
| − Vacancy | −$4.0k | −$0.37 |
| EGI | $74.0k | $6.95 |
| − OpEx | −$22.2k | −$2.08 |
| NOI | $51.8k | $4.86 |
