Industrial Building on High-Traffic
For Sale
Contact for pricing
25916 W Seven Mile, Redford, MI 48240
4,830 SF light industrial/warehouse building with high visibility.
Property Size4,830 SF
Price / SF$77.43
Days on Market286
Property Features for 25916 W Seven Mile
General Information
Standard status
Active
Size
4,830 SF
Property subtype
Industrial
Zoning
Light Industrial
Building Details
Year Built
1945
Stories
1
Listing Agency:
The Doctors Of Real Estate
(248) 277-4226
Listed By:
Charles Tamou · License #6505431212
Source:
Crexi
Added: Nov 8, 2025
Changed: Aug 8
Last Checked: Aug 8 at 2:55PM
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 The Doctors Of Real Estate
Investment Insights
Based on property information with market context.
This 4,830 SF light industrial/warehouse building is available vacant, allowing for immediate occupancy or re-leasing. Situated on high-traffic W 7 Mile Road, the property benefits from strong visibility and accessibility, accommodating various industrial and commercial applications. The building is equipped with 600-amp, 3-phase power, suitable for users with significant electrical requirements. A new roof installed in 2024 reduces near-term capital expenditures. This property presents a value-add opportunity. It is suited for owner-users aiming to occupy their own building, investors seeking a light industrial value-add opportunity, contractors and trades such as HVAC, electrical, plumbing, and construction, auto, fabrication, or light manufacturing users, small distribution or warehouse operators, and businesses currently leasing and looking to own. The property's pricing reflects its vacant status and potential for future growth.
Key Highlights
- Delivered vacant for immediate occupancy or re‑leasing at market rates.
- New roof (2024) reduces near‑term capital expenditures.
- High‑traffic location on W 7 Mile Road provides strong visibility and easy access.**
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$34,418
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
9.20%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$688,360
$688.4K
Cap Rate 7%
$491,686
$491.7K
Cap Rate 9%
$382,422
$382.4K
Market Conditions
NOI Build-Up for 4,830 SF
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.
Gross rent
$42.3K $8.76/SF
− Vacancy
−$1.8K −$0.38/SF
EGI
$40.5K $8.38/SF
− OpEx
−$6.1K −$1.26/SF
NOI
$34.4K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$688,360
Cap Rate 7%
$491,686
Cap Rate 9%
$382,422
Alternative Uses
Best Use
Warehouse
$491.7K
$430.2K – $573.6K
NOI $34,418 @ 7.0% cap · market cap 9.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.07M
$932.3K – $1.24M
NOI $74,586 @ 7.0% cap · market cap 19.94%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
476
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 48240, MI
17,962
Population
7,328
Households
2.5
Avg Household Size
38
Median Age
22%
College-Educated
89%
High-School Grad
3.7 sq mi
ZIP Area
4,855
Density / Sq Mi
$57,970
Median Household Income
$37,694
Median Earnings
$1,326
Median Rent
$120,700
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Warehouse - 4,830 SF light industrial/warehouse building with high visibility.
Where is this warehouse located?
The property is located at 25916 W Seven Mile Redford, MI.
What is the asking price?
The asking price for this property is $374,000.
What are key features of this property?
This property features: Delivered vacant for immediate occupancy or re‑leasing at market rates.; New roof (2024) reduces near‑term capital expenditures.; High‑traffic location on W 7 Mile Road provides strong visibility and easy access.**
