5420 Oakman Blvd, Dearborn, MI 48126
Over 8,000 sq ft warehouse on over 0.25 acres.
- Added:
- Apr 24, 2026
- Days on Market:
- 49
- Last Refresh:
- Apr 24 at 5:38 pm
Property Features for 5420 Oakman Blvd
General Information
- Standard status
- Active
- Size
- 8,000 SF
- Lot size
- 0.25 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1943
Listing agent Nick Jaafar License #6501403947 (313) 706-7011
Listing office KW Commercial Dearborn (313) 706-7011
Listing date Apr 24, 2026
Source Elliman
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 KW Commercial Dearborn
HighLights
- High‑traffic location with phenomenal visibility.
- Over 8,000 square feet of warehouse space.
- Sits on over a quarter acre of land.
- Land contract terms available.
- Primetime East Dearborn location.
- Built in 1943.
Overview
Local 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 | $61.4k | $7.68 |
| − Vacancy | −$2.6k | −$0.32 |
| EGI | $58.9k | $7.36 |
| − OpEx | −$8.8k | −$1.10 |
| NOI | $50.0k | $6.25 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- ABW Self Storage Unit — 5286 Williamson St, Dearborn, MI 48126
Location Insight
- Map
- Local Demand
- City
- Dearborn
- County
- Wayne
- State
- Michigan
- Longitude
- -83.168592
- Latitude
- 42.324338
