Renovated Warehouse with Drive-Through
New
For Sale
Contact for pricing
35915 Clinton St, Wayne, MI 48184
An I1-zoned facility offers grade-level loading and fenced yard space suited to contractor, construction, or landscaping operations.
Property Size7,100 SF
Lot Size0.85 Acres
Price / SF$0.00
Days on Market5
Property Features for 35915 Clinton St
General Information
Standard status
Active
Size
7,100 SF
Lot size
0.85 Acres
Property subtype
Industrial
Zoning
I1
Additional Details
Fenced Yard
Yes
Drive-In Doors
2
Building Details
Building Size
7,100 SF
Listing Agency:
Burger & Company
Listed By:
Nicolo Burger · License #6506049079
(810) 224-8103
Source:
Cpix.resimplifi
Added: Oct 12
Changed: Oct 15
Last Checked: Oct 16 at 5:45AM
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 Burger & Company
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Investment Insights
Based on property information with market context.
This renovated warehouse totals 7,100 square feet and includes two drive-through bays with grade-level doors measuring 10' x 14' and 12' x 14'. Improvements include a new roof over the office area, fresh paint, carpet and LVT flooring, LED lighting, and refreshed restrooms. The warehouse also has LED lighting and fresh paint. Immediate occupancy is available.
The property sits on a fenced 0.85-acre lot with two access gates and is zoned I1. Its location is described as central to I-275, Michigan Avenue, Telegraph Road, and I-94.
The property sits on a fenced 0.85-acre lot with two access gates and is zoned I1. Its location is described as central to I-275, Michigan Avenue, Telegraph Road, and I-94.
Key Highlights
- 7,100‑square‑foot warehouse with two drive‑through bays
- Grade‑level doors measure 10' x 14' and 12' x 14'
- Fenced 0.85‑acre lot with two access gates
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,634
Suggested Prices Based on Cap Rates
Cap Rate 5%
$892,680
$892.7K
Cap Rate 7%
$637,629
$637.6K
Cap Rate 9%
$495,933
$495.9K
Market Conditions
NOI Build-Up for 7,100 SF
Gross rent
$54.5K $7.68/SF
− Vacancy
−$2.0K −$0.28/SF
EGI
$52.5K $7.40/SF
− OpEx
−$7.9K −$1.11/SF
NOI
$44.6K $6.29/SF
Area
Wayne County, MI
Vacancy
3.70%
Lease Rate
$7.68 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$892,680
Cap Rate 7%
$637,629
Cap Rate 9%
$495,933
Alternative Uses
Best Use
Warehouse
$637.6K
$557.9K – $743.9K
NOI $44,634 @ 7.0% cap · market cap 469,831.58%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.31M
$1.15M – $1.53M
NOI $92,016 @ 7.0% cap · market cap 968,589.47%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Drive-in doors
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
543
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 48184, MI
17,776
Population
7,739
Households
2.3
Avg Household Size
40
Median Age
16%
College-Educated
88%
High-School Grad
7.2 sq mi
ZIP Area
2,469
Density / Sq Mi
$54,572
Median Household Income
$36,548
Median Earnings
$924
Median Rent
$142,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Warehouse - An I1-zoned facility offers grade-level loading and fenced yard space suited to contractor, construction, or landscaping operations.
Where is this warehouse located?
The property is located at 35915 Clinton St Wayne, MI.
What are key features of this property?
This property features: 7,100‑square‑foot warehouse with two drive‑through bays; Grade‑level doors measure 10' x 14' and 12' x 14'; Fenced 0.85‑acre lot with two access gates
