Flex Warehouse with Outside
25411 Sherwood Avenue Center Line, MI 48015
25411 Sherwood Avenue, Center Line, MI, 48015
$1,795,000
For Sale
$1,795,000
COMMERCIAL - Center Line, MI
Property Size26,157 SF
Lot Size0.90 Acres
Price / SF$68.62
Days on Market667
Property Features for 25411 Sherwood Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Parking Lot
- Standard status
- Active
- APN
- 01-13-21-376-004
- Size
- 26,157 SF
- Lot size
- 0.90 Acres
Utilities
- Heating system
- Forced Air
- Water source
- Public
Building Details
- Year built
- 1920
- Roof type
- Flat
Listing agency
Pilot Property Group - Residential LLC
(586) 254-0900
Listed by
Anthony Rubino · License #6502425251
(586) 873-5419
Added: Sep 23, 2024 Updated: Jul 9 at 10:46AM Checked: Jul 21 at 11:06PM
MLS# 50156184
Copyright © 2026 Multiple Listing Service MiRealSource. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This offering includes a well-maintained flex/warehouse building with a 6,000 SF unit available for an owner-user opportunity. The property also features outside storage, providing practical space for equipment, materials, or other operational needs.
Located at 25411 Sherwood Avenue in Center Line, MI 48015 (Macomb County), the site sits on approximately 0.9 acres. The property is described as having ample parking and truck parking, supporting day-to-day logistics and customer or contractor access.
For tenants or buyers looking for flexible warehouse space, the available unit paired with outside storage can support light industrial and distribution-style uses that benefit from both indoor workflow and outdoor staging. The listing also references a mix of tenants in the building, which may appeal to users interested in an owner-user setup within a multi-tenant environment. Interested parties should verify the specific condition and any available configurations of the 6,000 SF unit during due diligence.
Located at 25411 Sherwood Avenue in Center Line, MI 48015 (Macomb County), the site sits on approximately 0.9 acres. The property is described as having ample parking and truck parking, supporting day-to-day logistics and customer or contractor access.
For tenants or buyers looking for flexible warehouse space, the available unit paired with outside storage can support light industrial and distribution-style uses that benefit from both indoor workflow and outdoor staging. The listing also references a mix of tenants in the building, which may appeal to users interested in an owner-user setup within a multi-tenant environment. Interested parties should verify the specific condition and any available configurations of the 6,000 SF unit during due diligence.
Key Highlights
- 6,000 SF unit available for owner/user use
- Forced air heating
- Flat roof
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 | $213.4k | $8.16 |
| − Vacancy | −$12.0k | −$0.46 |
| EGI | $201.5k | $7.70 |
| − OpEx | −$60.4k | −$2.31 |
| NOI | $141.0k | $5.39 |
26,157 SF · lease $8.16/SF/yr · vacancy 5.60% · expense 30.00%
Alternative Uses
Best Use
Flex RnD
$4.24M
$3.71M – $4.95M
NOI $297,085 @ 7.0% cap · market cap 16.55%
Second Best
Warehouse
$2.45M
$2.14M – $2.85M
NOI $171,265 @ 7.0% cap · market cap 9.54%
Theoretical Best
Specialty Retail
$4.90M
$4.28M – $5.71M
NOI $342,791 @ 7.0% cap · market cap 19.10%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
Similar Off Market Nearby
- Creole Soul & Cajun Grille — 7319 Henry St, Center Line, MI 48015
FAQs
What type of property is this?
Flex space - Well-maintained 6,000 SF unit with outside storage and ample truck parking on a 0.9-acre site.
Where is this flex space located?
The property is located at 25411 Sherwood Avenue Center Line, MI.
What is the asking price?
The asking price for this property is $1,795,000.
What are key features of this property?
This property features: 6,000 SF unit available for owner/user use; Forced air heating; Flat roof
