Industrial Warehouse with Light
For Sale
$525,000
4140 7th St, Wyandotte, MI 48192
Small industrial building suited for warehousing, light manufacturing, or a hobby shop in Wyandotte’s industrial park.
Property Size5,500 SF
Price / SF$95.45
Days on Market149
Property Features for 4140 7th St
General Information
Standard status
Active
Size
5,500 SF
Property subtype
Industrial - Manufacturing
Building Details
Building Size
5,500 SF
Year Built
1998
Listing Agency:
Burger & Company
Listed By:
Nicolo Burger · License #6506049079
(810) 224-8103
Source:
Commercialcafe
Added: Jun 3
Changed: Oct 25
Last Checked: Oct 28 at 5:04AM
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 5,500-square-foot industrial building is available for sale, with a configuration that supports practical small-bay industrial use. The current offering is tied to the relocation of MI Customs Signs, leaving the property ready for a new operator. The space is described as a good fit for warehousing, light manufacturing, or a hobby shop.
Located in the heart of Wyandotte’s industrial park, the property benefits from an industrial setting intended for business use. Its position within the park is a straightforward advantage for tenants and buyers seeking a dedicated industrial environment rather than a mixed-use commercial setting.
For prospective tenants, the building’s size and stated use case make it workable for day-to-day storage needs, light production, or hands-on fabrication environments like a hobby shop. For buyers, it presents an opportunity to acquire a smaller industrial asset that can be tailored to similar low-to-moderate intensity uses, subject to local requirements and final tenant design needs.
Located in the heart of Wyandotte’s industrial park, the property benefits from an industrial setting intended for business use. Its position within the park is a straightforward advantage for tenants and buyers seeking a dedicated industrial environment rather than a mixed-use commercial setting.
For prospective tenants, the building’s size and stated use case make it workable for day-to-day storage needs, light production, or hands-on fabrication environments like a hobby shop. For buyers, it presents an opportunity to acquire a smaller industrial asset that can be tailored to similar low-to-moderate intensity uses, subject to local requirements and final tenant design needs.
Key Highlights
- 5,500 SF industrial building for sale in Wyandotte’s industrial park
- Built in 1998
- Suitable for warehousing, light manufacturing, or a hobby shop
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,576
Cap Rate
6.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$691,520
$691.5K
Cap Rate 7%
$493,943
$493.9K
Cap Rate 9%
$384,178
$384.2K
Market Conditions
NOI Build-Up for 5,500 SF
Gross rent
$42.2K $7.68/SF
− Vacancy
−$1.6K −$0.28/SF
EGI
$40.7K $7.40/SF
− OpEx
−$6.1K −$1.11/SF
NOI
$34.6K $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%
$691,520
Cap Rate 7%
$493,943
Cap Rate 9%
$384,178
Alternative Uses
Best Use
Warehouse
$493.9K
$432.2K – $576.3K
NOI $34,576 @ 7.0% cap · market cap 6.59%
Second Best
Industrial
$406.8K
$355.9K – $474.6K
NOI $28,474 @ 7.0% cap · market cap 5.42%
Theoretical Best
Specialty Retail
$1.02M
$891.0K – $1.19M
NOI $71,280 @ 7.0% cap · market cap 13.58%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
177
Businesses Nearby
Well-served
Demand for This Use
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Business Placement
Demographics for 48192, MI
25,058
Population
11,441
Households
2.2
Avg Household Size
42
Median Age
21%
College-Educated
91%
High-School Grad
5.3 sq mi
ZIP Area
4,728
Density / Sq Mi
$67,846
Median Household Income
$42,999
Median Earnings
$995
Median Rent
$159,700
Median Home Value
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Market
Vacancy Rate% for Industrial in Midwest region
Similar Off Market Nearby
- Wy-not Store It — 4425 13th St, Wyandotte, MI 48192, United States
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- Total Facility Storage — 575 Hillsdale St, Wyandotte, MI 48192
- Wyandotte Community Storage — Storage entry @ 860 Grove, 857 Forest St, Wyandotte, MI 48192
Frequently Asked Questions
What type of property is this?
Warehouse - Small industrial building suited for warehousing, light manufacturing, or a hobby shop in Wyandotte’s industrial park.
Where is this warehouse located?
The property is located at 4140 7th St Wyandotte, MI.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: 5,500 SF industrial building for sale in Wyandotte’s industrial park; Built in 1998; Suitable for warehousing, light manufacturing, or a hobby shop
