2401 S Gulley Rd, Dearborn, MI 48124
Industrial distribution center offered for sale with warehouse-focused functionality for logistics and storage users.
- Added:
- Jun 12, 2026
- Days on Market:
- 16
- Last Refresh:
- Jun 20 at 2:23 am
Property Features for 2401 S Gulley Rd
General Information
- Standard status
- Active
- Size
- 375,812 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1968
Listing office Lee & Associates - Detroit
Listing date Jun 12, 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 Lee & Associates - Detroit
HighLights
- Industrial distribution center built in 1968
- Offered for sale at an asking price of $32,000,000
- Located west of M‑24
Overview
The asset is located at 2401 S Gulley Rd in Dearborn, Michigan, and is described as being west of M-24. The property is offered through a single listing price.
For tenant and buyer consideration, this type of warehouse property is typically suited to organizations that need straightforward space for distribution, warehousing, and related industrial operations. Prospective users and investors can evaluate the site for compatibility with their facility requirements based on the warehouse/distribution designation provided in the materials. As with any industrial purchase, diligence should focus on confirming the specific building configuration and any site improvements needed for the intended operating model before finalizing next steps.
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 | $2.89M | $7.68 |
| − Vacancy | −$121.2k | −$0.32 |
| EGI | $2.77M | $7.36 |
| − OpEx | −$414.8k | −$1.10 |
| NOI | $2.35M | $6.25 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Dearborn
- County
- Wayne
- State
- Michigan
- Longitude
- -83.285473
- Latitude
- 42.292693
