Freestanding Flex Space with Overhead
For Sale
$2,500,000
25315 Kean St, Dearborn, MI 48124
Light Industrial property combining warehouse, office, loading, and secured outdoor areas on a corner site.
Property Size15,000 SF
Lot Size0.82 Acres
Price / SF$166.67
Days on Market60
Property Features for 25315 Kean St
General Information
Standard status
Active
Size
15,000 SF
Lot size
0.82 Acres
Zoning
Light Industrial
Site & Location
Road Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Additional Details
Gross Income
$76,800
Drive-In Doors
3
Building Details
Year Built
1980
Buildings
1
Stories
2
Building Size
15,000 SF
Listing Agency:
Own It Realty
Listed By:
Hassan Scheib · License #6502399271
(313) 646-7363
Source:
Katie-k
Added: Aug 17
Changed: Sep 2
Last Checked: Oct 7 at 1:42PM
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 Own It Realty
Investment Insights
Based on property information with market context.
This freestanding flex property contains 15,000 SF of warehouse and office space within a functional industrial layout. The building includes open warehouse areas, private offices, a reception area, and multiple restrooms, with 3 ground-level overhead doors supporting loading and material movement. A second-floor area of approximately 3,300 SF adds room for storage, office expansion, or other specialized functions and has liftgate and overhead access.
The property occupies a fenced 0.82-acre corner lot with paved parking and a secured yard. Light Industrial zoning supports warehousing, engineering, distribution, light manufacturing, contractor operations, and flex industrial uses. The site is near major corridors and is surrounded by Home Depot, McDonald’s, and the Dearborn Heights Police Department. Built in 1980.
The property occupies a fenced 0.82-acre corner lot with paved parking and a secured yard. Light Industrial zoning supports warehousing, engineering, distribution, light manufacturing, contractor operations, and flex industrial uses. The site is near major corridors and is surrounded by Home Depot, McDonald’s, and the Dearborn Heights Police Department. Built in 1980.
Key Highlights
- 15,000 SF freestanding flex and industrial building
- Light Industrial zoning supports warehousing, distribution, manufacturing, and contractor operations
- 3 ground‑level overhead doors for loading access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$165,308
Cap Rate
6.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,306,160
$3.3M
Cap Rate 7%
$2,361,543
$2.4M
Cap Rate 9%
$1,836,756
$1.8M
Market Conditions
NOI Build-Up for 15,000 SF
Gross rent
$284.4K $18.96/SF
− Vacancy
−$64.0K −$4.27/SF
EGI
$220.4K $14.69/SF
− OpEx
−$55.1K −$3.67/SF
NOI
$165.3K $11.02/SF
Area
Dearborn, MI
Vacancy
22.50%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,306,160
Cap Rate 7%
$2,361,543
Cap Rate 9%
$1,836,756
Alternative Uses
Best Use
Office B
$2.36M
$2.07M – $2.76M
NOI $165,308 @ 7.0% cap · market cap 6.61%
Second Best
Flex RnD
$1.89M
$1.65M – $2.20M
NOI $131,976 @ 7.0% cap · market cap 5.28%
Theoretical Best
Office A
$3.31M
$2.90M – $3.86M
NOI $231,634 @ 7.0% cap · market cap 9.27%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
3
Drive-in doors
Yes
Fenced yard
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
526
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 48124, MI
34,134
Population
14,787
Households
2.3
Avg Household Size
39
Median Age
40%
College-Educated
94%
High-School Grad
8.8 sq mi
ZIP Area
3,879
Density / Sq Mi
$78,353
Median Household Income
$49,103
Median Earnings
$1,280
Median Rent
$192,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Divine Dine Detroit — 26091 Trowbridge St, Inkster, MI 48141
Frequently Asked Questions
What type of property is this?
Flex space - Light Industrial property combining warehouse, office, loading, and secured outdoor areas on a corner site.
Where is this flex space located?
The property is located at 25315 Kean St Dearborn, MI.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 15,000 SF freestanding flex and industrial building; Light Industrial zoning supports warehousing, distribution, manufacturing, and contractor operations; 3 ground‑level overhead doors for loading access
