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Industrial Warehouse with Heavy-Duty Power
New
For Sale
$299,000

531 E 7 Mile Road, Highland Park, MI 48203

Open industrial space with reinforced construction, secured doors, and electrical capacity for automotive or heavy-duty operations.

Property Size16,872 SF
Days on Market4

Property Features for 531 E 7 Mile Road

General Information

Standard status Active
Size 16,872 SF
Property subtype Commercial
Zoning Commercial, Heavy Industri

Taxes and HOA fees

Annual Taxes $26,696

Building Details

Building Size 16,872 SF
Year Built 1968
Listing Agency: NATOD Management
Listed By: Drake O'Donnell
Source: Eliterealtymi
Added: Aug 5 Changed: Aug 6 Last Checked: Aug 8 at 11:17AM

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 NATOD Management

Investment Insights

Based on property information with market context.

This 16,000+ square foot warehouse, built in 1968, offers an expansive open layout for warehouse, automotive repair, collision work, or general industrial use. Concrete ceilings and secured industrial doors across most rooms provide durable construction and controlled access for equipment and materials. Three separate electrical breakers supply 400+ Volts, supporting operations that require substantial power. The property is zoned Commercial, Heavy Industri.

Located at 531 E 7 Mile Road in Highland Park, the building sits just off 7 Mile Road. The layout and infrastructure also support consideration of a grow operation with appropriate green zoning, as identified in the property information.

Key Highlights

  • 16,000+ square feet of warehouse space
  • Three separate electrical breakers supplying 400+ Volts
  • Concrete ceilings and secured industrial doors throughout most rooms

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Dental Office Hair Salon Spa & Massage Center Nail Salon Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

376
Businesses Nearby
Under-served
Demand for This Use

Demographics for 48203, MI

22,168
Population
13,591
Households
1.6
Avg Household Size
39
Median Age
19%
College-Educated
85%
High-School Grad
8.2 sq mi
ZIP Area
2,703
Density / Sq Mi
$35,108
Median Household Income
$28,364
Median Earnings
$799
Median Rent
$76,100
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Warehouse - Open industrial space with reinforced construction, secured doors, and electrical capacity for automotive or heavy-duty operations.
Where is this warehouse located?
The property is located at 531 E 7 Mile Road Highland Park, MI.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: 16,000+ square feet of warehouse space; Three separate electrical breakers supplying 400+ Volts; Concrete ceilings and secured industrial doors throughout most rooms
More about this property
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