Renovating Warehouse with Bay
New
For Sale
$550,000
26110 Michigan Avenue, Inkster, MI 48141
Commercial zoning accompanies a warehouse building undergoing roof and window improvements.
Property Size6,691 SF
Price / SF$78.57
Days on Market2
Property Features for 26110 Michigan Avenue
General Information
Standard status
Active
Size
6,691 SF
Property subtype
Commercial
Zoning
Commercial
Taxes and HOA fees
Annual Taxes
$3,633
Building Details
Building Size
6,691 SF
Year Built
1958
Listing Agency:
RE/MAX Team 2000
(313) 622-1534
Listed By:
Laila Dakroub · License #350232
Source:
Thebrokeragehouse
Added: Aug 4
Changed: Aug 5
Last Checked: Aug 5 at 3:00AM
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 RE/MAX Team 2000
Investment Insights
Based on property information with market context.
Built in 1958, this warehouse contains nearly 7,000 square feet of space, two bay doors, and an approximately 16-foot ceiling height. The building is undergoing substantial renovation, with a new roof installation and replacement of broken windows included in the current work. Ongoing property maintenance also includes tree removal intended to improve the site’s condition and access.
The property is located at 26110 Michigan Avenue in Inkster, Michigan, and carries Commercial zoning. The building’s loading features, ceiling clearance, and active improvements provide a defined warehouse configuration for commercial occupancy.
The property is located at 26110 Michigan Avenue in Inkster, Michigan, and carries Commercial zoning. The building’s loading features, ceiling clearance, and active improvements provide a defined warehouse configuration for commercial occupancy.
Key Highlights
- Nearly 7,000 sq. ft. warehouse building
- Two bay doors for loading access
- Approx. 16 foot ceiling height
Financial Insights For Warehouse
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 | $53.8k | $7.68 |
| − Vacancy | −$2.0k | −$0.28 |
| EGI | $51.8k | $7.40 |
| − OpEx | −$7.8k | −$1.11 |
| NOI | $44.0k | $6.29 |
7,000 SF · lease $7.68/SF/yr · vacancy 3.70% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$628.6K
$550.1K – $733.4K
NOI $44,005 @ 7.0% cap · market cap 8.00%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.30M
$1.13M – $1.51M
NOI $90,720 @ 7.0% cap · market cap 16.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
299
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 48141, MI
26,088
Population
11,497
Households
2.3
Avg Household Size
34
Median Age
12%
College-Educated
83%
High-School Grad
6.3 sq mi
ZIP Area
4,141
Density / Sq Mi
$39,632
Median Household Income
$32,135
Median Earnings
$1,127
Median Rent
$75,700
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 - Commercial zoning accompanies a warehouse building undergoing roof and window improvements.
Where is this warehouse located?
The property is located at 26110 Michigan Avenue Inkster, MI.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Nearly 7,000 sq. ft. warehouse building; Two bay doors for loading access; Approx. 16 foot ceiling height
