Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Industrial Warehouse Near Telegraph Road Title is generated by Realmo AI

    26390 Van Born Road, Dearborn Heights, MI 48125

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $2,121,600

    26,520 SF warehouse with easy access to major roads.

    Type:Industrial
    Property size:
    26,520 SF
    Lot size:
    1.56 Acres
    Price / SF:
    $80/SF
    Added:
    Mar 25, 2026
    Days on Market:
    58
    Last Refresh:
    Mar 18 at 8:04 am

    Property Features for 26390 Van Born Road

    General Information

    Standard status
    Active
    Size
    26,520 SF
    Lot size
    1.56 Acres
    Property subtype
    Industrial

    We can help!

    Listing Contact
    Joseph Hauska
    Joseph Hauska

    Listing agent Joseph Hauska

    Listing office

    Listing date Mar 25, 2026

    Source Cbre

    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 Joseph Hauska

    HighLights

    • Great location off Van Born Road
    • Easy Access to Telegraph Road and I‑94
    • Large 26,520 SF property
    • Sizeable 1.56 Acre lot
    • Available November 1, 2023
    • Asking Price: $2,121,600 or $80/SF

    Overview

    This 26,520 square foot industrial warehouse is situated on 1.56 acres. The property benefits from its location off Van Born Road, offering convenient access to Telegraph Road and I-94. It will be available starting November 1, 2023.

    Financial Insights

    Value Estimation Calculated for Warehouse

    Conservative
    $1.85M
    NOI $166,717 @ 9.00% cap · cautious / downside scenario
    Moderate
    $2.38M
    NOI $166,717 @ 7.00% cap · market / base-case scenario
    Aggressive
    $3.33M
    NOI $166,717 @ 5.00% cap · optimistic / upside scenario

    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 $203.7k $7.68
    − Vacancy −$7.5k −$0.28
    EGI $196.1k $7.40
    − OpEx −$29.4k −$1.11
    NOI $166.7k $6.29
    26,520 SF · lease $7.68/SF/yr · vacancy 3.70% · expense 15.00%

    Alternative Use Scenarios

    Best Use
    Warehouse
    $2.38M
    $2.08M – $2.78M (±1% cap)
    NOI $166,717 @ 7.0% cap · market cap 7.86%
    Second Best
    Industrial
    $1.96M
    $1.72M – $2.29M (±1% cap)
    NOI $137,296 @ 7.0% cap · market cap 6.47%
    Theoretical Best
    Specialty Retail
    $4.91M
    $4.30M – $5.73M (±1% cap)
    NOI $343,699 @ 7.0% cap · market cap 16.20%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Premium Safe Tires ... (Bike/Boat/Book/etc) Store

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Metro International Trade — 21146 Trolley Industrial Dr, Taylor, MI 48180
    • Ryder — 21500 Trolley Industrial Dr, Taylor, MI 48180

    Location Insight

    • Map
    • Local Demand
    City
    Dearborn Heights
    County
    Wayne
    State
    Michigan
    Longitude
    -83.2959687
    Latitude
    42.2716224

    Nearby Similar for Sale

    • $179,900
      4,000 SF

      Auto Shop Business Opportunity

      Established auto and tire shop business for sale in Michigan.
      20916 Van Born Road, Dearborn Heights, MI 48125
      View Details
    • $299,999
      3,960 SF

      Dearborn Heights Restaurant Business Opportunity

      Established Middle Eastern restaurant for sale in Dearborn Heights, MI.
      22700 Ford Road, Dearborn Heights, MI 48127
      View Details
    • $575,000
      6,750 SF

      Dearborn Heights Commercial Space For Sale

      Versatile commercial space with immediate income potential until 2029.
      4650 S Beech Daly Street, Dearborn Heights, MI 48125
      View Details
    • $289,000
      816 SF

      Dearborn Heights Commercial Building For Sale

      Small commercial building on Telegraph Rd with parking.
      5347 Telegraph, Dearborn Heights, MI 48125
      View Details
    • $575,000

      Commercial Space For Sale

      Versatile commercial space suitable for retail, office, or warehouse use.
      4650 S Beech Daly St, Dearborn Heights, MI 48125
      View Details
    • $1,100,000
      10,025 SF

      Dearborn Heights Worship Space Available

      Worship space with supporting area on a 2.59-acre lot.
      26701 JOY Road, Dearborn Heights, MI 48127
      View Details
    • $2,200,000
      7,555 SF

      Turn-Key Auto Repair Facility

      Fully-equipped auto repair building with high visibility and ample parking.
      Dearborn Heights, MI 48125
      View Details
    • $118,900
      4,650 SF

      Turnkey Bakery Business Opportunity

      Established bakery business for sale in Dearborn Heights, Michigan.
      24302 W Warren St, Dearborn Heights, MI 48127
      View Details
    • $84,900

      Commercial Building in Dearborn Heights

      Free-standing building suitable for retail, office, or small business.
      4809 S Beech Daly St, Dearborn Heights, MI 48125
      View Details
    • $289,000

      Commercial Building on Telegraph Road

      Commercial building on Telegraph Road with parking for 18 cars.
      5347 Telegraph, Dearborn Heights, MI 48125
      View Details
    • Contact for pricing
      5,640 SF

      Multi-Tenant Building on Telegraph Road

      Fully leased, multi-tenant building on a busy corner.
      3901-3913 S Telegraph Rd, Dearborn Heights, MI 48125
      View Details
    • $8,750,000
      11,640 SF

      Truck Terminal Near Freeways

      Operating truck terminal with proximity to freeways and airport.
      26380 VAN BORN Road, Dearborn Heights City, MI 48125
      View Details

    FAQs

    What type of property is this?
    Warehouse - 26,520 SF warehouse with easy access to major roads.
    Where is this warehouse located?
    The property is located at 26390 Van Born Road Dearborn Heights, MI.
    What is the asking price?
    The asking price for this property is $2,121,600.
    What are key features of this property?
    This property features: Great location off Van Born Road; Easy Access to Telegraph Road and I‑94; Large 26,520 SF property
    (248) 936-6813
    We can help!
    Listing Contact
    Joseph Hauska
    Joseph Hauska
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    26390 Van Born Road, Dearborn Heights, MI, 48125
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!