Machine Shop Warehouse with
4070 5th St Wyandotte, MI 48192
New
4070 5th St, Wyandotte, MI, 48192
$600,000
For Sale
$600,000
Commercial building offers office spaces, a machine shop/warehouse area, a garage bay, and an on-site parking lot.
Property Size6,000 SF
Price / SF$100
Days on Market2
Property Features for 4070 5th St
General Information
- Standard status
- Active
- Size
- 6,000 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1978
Listing agency
(734) 286-5106
Listed by
Rebecca D Burnett
(734) 286-5106
Source
Elliman
Added: Jul 20 Updated: Jul 21 at 9:01AM Checked: Jul 21 at 9:01AM
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 Rebecca D Burnett
Investment Insights
Based on property information with market context.
This commercial building for sale includes office spaces and a machine shop/warehouse area, plus a garage bay and an on-site parking lot. The machine shop/warehouse includes equipment capable of supporting shop and warehouse use, with machinery not included, though the seller may be willing to sell it separately.
The property is listed with an adjacent vacant lot that is also available for sale (522 Central). BikeScore is 59 (bikeable) and WalkScore is 93 (walker's paradise), indicating strong pedestrian convenience.
The overall offering combines office functionality with a back-of-house shop and warehouse layout, supported by garage access and parking.
The property is listed with an adjacent vacant lot that is also available for sale (522 Central). BikeScore is 59 (bikeable) and WalkScore is 93 (walker's paradise), indicating strong pedestrian convenience.
The overall offering combines office functionality with a back-of-house shop and warehouse layout, supported by garage access and parking.
Key Highlights
- Over 6,000 SF commercial building built in 1978
- Includes office spaces and a machine shop/warehouse area
- Has a garage bay plus an on‑site parking lot
Local Financial Insights For Flex RnD
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 | $60.5k | $10.08 |
| − Vacancy | −$2.2k | −$0.37 |
| EGI | $58.2k | $9.71 |
| − OpEx | −$20.4k | −$3.40 |
| NOI | $37.9k | $6.31 |
6,000 SF · lease $10.08/SF/yr · vacancy 3.70% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$540.8K
$473.2K – $631.0K
NOI $37,857 @ 7.0% cap · market cap 6.31%
Second Best
Warehouse
$538.8K
$471.5K – $628.7K
NOI $37,719 @ 7.0% cap · market cap 6.29%
Theoretical Best
Specialty Retail
$1.11M
$972.0K – $1.30M
NOI $77,760 @ 7.0% cap · market cap 12.96%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
Similar Off Market Nearby
- Flavers fine foods and more — 14932 pennsylvania rd, southgate, mi 48195
- Two Angels Catering Company, LLC — 16500 Quarry Rd, Southgate, MI 48195
FAQs
What type of property is this?
Flex space - Commercial building offers office spaces, a machine shop/warehouse area, a garage bay, and an on-site parking lot.
Where is this flex space located?
The property is located at 4070 5th St Wyandotte, MI.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Over 6,000 SF commercial building built in 1978; Includes office spaces and a machine shop/warehouse area; Has a garage bay plus an on‑site parking lot
