Commercial Warehouse with Office
For Sale
$1,750,000
4210 13th St, Wyandotte, MI 48192
Spacious warehouse with office, ample parking, and solar panels.
Property Size21,000 SF
Price / SF$83.33
Days on Market98
Property Features for 4210 13th St
General Information
Standard status
Active
Size
21,000 SF
Property subtype
Commercial
Building Details
Year Built
1970
Listing Agency:
(734) 365-3334
Listed By:
Christos Filyo
(734) 365-3334
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 29 at 4:09PM
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 Christos Filyo
Investment Insights
Based on property information with market context.
This commercial property features a warehouse with attached office space. The office area measures 2,200 square feet, contributing to a total area exceeding 21,000 square feet. The property includes 75 parking spots. An updated roof is equipped with solar panels for energy efficiency. The location provides convenient access. According to walkscore.com, the walk score is 71, indicating that the area is very walkable. The bike score is 51, indicating that the area is bikeable. The property is suitable for a variety of business needs.
Key Highlights
- Spacious Commercial Warehouse: Over 21,000 total square feet including 2,200 square feet of office space.
- Excellent Location: Convenient access for operations.
- Ample Parking: 75 parking spots.
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 | $161.3k | $7.68 |
| − Vacancy | −$6.0k | −$0.28 |
| EGI | $155.3k | $7.40 |
| − OpEx | −$23.3k | −$1.11 |
| NOI | $132.0k | $6.29 |
21,000 SF · lease $7.68/SF/yr · vacancy 3.70% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.89M
$1.65M – $2.20M
NOI $132,016 @ 7.0% cap · market cap 7.54%
Second Best
Industrial
$1.55M
$1.36M – $1.81M
NOI $108,719 @ 7.0% cap · market cap 6.21%
Theoretical Best
Specialty Retail
$3.89M
$3.40M – $4.54M
NOI $272,160 @ 7.0% cap · market cap 15.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
260
Businesses Nearby
Balanced
Demand for This Use
Explore this area
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
Market
Properties on Market for Warehouses in Wyandotte
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - Spacious warehouse with office, ample parking, and solar panels.
Where is this warehouse located?
The property is located at 4210 13th St Wyandotte, MI.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Spacious Commercial Warehouse: Over 21,000 total square feet including 2,200 square feet of office space.; Excellent Location: Convenient access for operations.; Ample Parking: 75 parking spots.