Light Industrial Warehouse
For Sale
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25301 Glendale, Redford, MI 48239
A 20,640 SF warehouse built in 1997 with office space, storage mezzanine, and three overhead doors, zoned M-2.
Property Size20,640 SF
Lot Size1.05 Acres
Price / SF$78.73
Days on Market114
Property Features for 25301 Glendale
General Information
Standard status
Active
Size
20,640 SF
Lot size
1.05 Acres
Property subtype
INDUSTRIAL
Zoning
M-2
Lease Type
NNN
Warehouse & Industrial
Clear Height
19 ft
Sprinkler System
Yes
Amenities
Storage Mezzanine
LED lighting
CoRayVac gas heat
80 ft clear span
70 ft full length truckwell with leveler
Building Details
Year Built
1997
Construction
block and steel
Listing Agency:
Winston-Traitel Realty
Listed By:
Mark Lusky
(248) 624-7200
Source:
Moodyscre
Added: Jul 3
Changed: Jul 22
Last Checked: Oct 23 at 7:16AM
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 Winston-Traitel Realty
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Investment Insights
Based on property information with market context.
A 20,640 SF warehouse facility built in 1997 with block and steel construction, metal roof, and an attached 1,296 SF office. The space includes a storage mezzanine, 19’ clear ceiling height, and 80’ clear span. Truck access is supported by a 70’ full-length truckwell with a leveler, along with three overhead doors.
The property is served by fire suppression and 300A/120V power. Heating is provided by CoRayVac radiat gas heat, and interior lighting is LED. With M-2 (light industrial) zoning and more than 25 parking spaces, the site is configured to support warehouse operations.
The building also includes storage capacity via the mezzanine and is equipped for loading and operations with the clear-span warehouse layout and full-length truckwell.
The property is served by fire suppression and 300A/120V power. Heating is provided by CoRayVac radiat gas heat, and interior lighting is LED. With M-2 (light industrial) zoning and more than 25 parking spaces, the site is configured to support warehouse operations.
The building also includes storage capacity via the mezzanine and is equipped for loading and operations with the clear-span warehouse layout and full-length truckwell.
Key Highlights
- 20,640 SF warehouse on 1.05 acres, built in 1997
- 19’ clear ceiling height with 80’ clear span and fire suppression
- 70’ full‑length truckwell with leveler plus 3 overhead doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$147,077
Cap Rate
9.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,941,540
$2.9M
Cap Rate 7%
$2,101,100
$2.1M
Cap Rate 9%
$1,634,189
$1.6M
Market Conditions
NOI Build-Up for 20,640 SF
Gross rent
$180.8K $8.76/SF
− Vacancy
−$7.8K −$0.38/SF
EGI
$173.0K $8.38/SF
− OpEx
−$26.0K −$1.26/SF
NOI
$147.1K $7.13/SF
Area
Detroit, MI
Vacancy
4.30%
Lease Rate
$8.76 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,941,540
Cap Rate 7%
$2,101,100
Cap Rate 9%
$1,634,189
Alternative Uses
Best Use
Warehouse
$2.10M
$1.84M – $2.45M
NOI $147,077 @ 7.0% cap · market cap 9.05%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.55M
$3.98M – $5.31M
NOI $318,728 @ 7.0% cap · market cap 19.61%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
19 ft
Clear height
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
317
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 48239, MI
36,814
Population
14,869
Households
2.5
Avg Household Size
40
Median Age
23%
College-Educated
93%
High-School Grad
9.5 sq mi
ZIP Area
3,875
Density / Sq Mi
$69,373
Median Household Income
$41,113
Median Earnings
$1,355
Median Rent
$145,900
Median Home Value
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Market
Vacancy Rate% for Industrial in Midwest region
Similar Off Market Nearby
- Bb Storage — 25221 Glendale, Redford Charter Twp, MI 48239
- Pinnacle Logistics Park — 12805 Telegraph Rd, Redford Charter Twp, MI 48239
Frequently Asked Questions
What type of property is this?
Warehouse - A 20,640 SF warehouse built in 1997 with office space, storage mezzanine, and three overhead doors, zoned M-2.
Where is this warehouse located?
The property is located at 25301 Glendale Redford, MI.
What is the asking price?
The asking price for this property is $1,625,000.
What are key features of this property?
This property features: 20,640 SF warehouse on 1.05 acres, built in 1997; 19’ clear ceiling height with 80’ clear span and fire suppression; 70’ full‑length truckwell with leveler plus 3 overhead doors
