25916 W Seven Mile, Redford, MI 48240
4,830 SF light industrial/warehouse building with high visibility.
- Added:
- Nov 8, 2025
- Days on Market:
- 189
- Last Refresh:
- Mar 17 at 1:17 pm
Property Features for 25916 W Seven Mile
General Information
- Standard status
- Active
- Size
- 4,830 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1945
Listing agent Charles Tamou License #6505431212
Listing office The Doctors Of Real Estate (248) 277-4226
Listing date Nov 8, 2025
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 The Doctors Of Real Estate
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.
- 600‑amp, 3‑phase power accommodates users with heavy electrical demands.
- Pro‑forma cap rate of 7.5%–8.5% based on market rents.
- 4,830 SF light industrial / warehouse building suitable for various industrial and commercial uses.
Overview
Financial Insights
Value Estimation Calculated for Warehouse
NOI & Cap Rate Calculator
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.
Calculated for Warehouse
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $42.3k | $8.76 |
| − Vacancy | −$1.8k | −$0.38 |
| EGI | $40.5k | $8.38 |
| − OpEx | −$6.1k | −$1.26 |
| NOI | $34.4k | $7.13 |
Alternative Use Scenarios
Current Use by Public Records
Similar Places Nearby
- Next To You Storage Units — w seven mile rd, detroit, mi 48219
- A-Accessible | Near-by Storage Units — W Seven Mile Rd, Detroit, MI 48219
- Near-By Storage Units — 26990 Grand River Ave, Redford Charter Twp, MI 48240
Location Insight
- Map
- Local Demand
- City
- Redford
- County
- Wayne
- State
- Michigan
- Longitude
- -83.2987175
- Latitude
- 42.4285772