High-Visibility Warehouse
5420 Oakman Boulevard Unit SourceFi Dearborn, MI 48126
5420 Oakman Boulevard Unit SourceFi, Dearborn, MI, 48126
$589,000
For Sale
$589,000
For sale warehouse space with high traffic and strong visibility, totaling 8,067 square feet.
Property Size8,067 SF
Price / SF$73.01
Days on Market196
Property Features for 5420 Oakman Boulevard Unit SourceFi
General Information
- Standard status
- Active
- Size
- 8,067 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 19
Listing Agency
(313) 228-3777
Listed by
Keller Williams Legacy
(313) 228-3777
Source
Xome
Added: Jan 4 Checked: Jul 18 at 2:53 am
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 Keller Williams Legacy
Investment Insights
Based on property information with market context.
For sale warehouse space described as “Primetime East Dearborn,” offering a functional warehouse configuration totaling 8,067 square feet. The property is also noted as sitting on over a quarter acre of land, and land contract terms are available.
The offering is positioned for shoppers and passersby with high traffic and phenomenal visibility, making it well-suited for businesses seeking storefront-style exposure alongside warehouse space. The property is listed at 5420 Oakman Boulevard, Unit SourceFi, Dearborn, MI 48126.
The offering is positioned for shoppers and passersby with high traffic and phenomenal visibility, making it well-suited for businesses seeking storefront-style exposure alongside warehouse space. The property is listed at 5420 Oakman Boulevard, Unit SourceFi, Dearborn, MI 48126.
Key Highlights
- Warehouse space for sale totaling 8,067 square feet.
- Over a quarter‑acre lot (120' x 120').
- Land contract terms available.
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 | $62.0k | $7.68 |
| − Vacancy | −$2.6k | −$0.32 |
| EGI | $59.4k | $7.36 |
| − OpEx | −$8.9k | −$1.10 |
| NOI | $50.4k | $6.25 |
8,067 SF · lease $7.68/SF/yr · vacancy 4.20% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$720.7K
$630.6K – $840.8K
NOI $50,450 @ 7.0% cap · market cap 8.57%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.78M
$1.56M – $2.08M
NOI $124,573 @ 7.0% cap · market cap 21.15%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Warehouse - For sale warehouse space with high traffic and strong visibility, totaling 8,067 square feet.
Where is this warehouse located?
The property is located at 5420 Oakman Boulevard Unit SourceFi Dearborn, MI.
What is the asking price?
The asking price for this property is $589,000.
What are key features of this property?
This property features: Warehouse space for sale totaling 8,067 square feet.; Over a quarter‑acre lot (120' x 120').; Land contract terms available.
