Industrial Warehouse with Fenced
For Sale
$2,900,000
5654 W Jefferson Ave, Detroit, MI 48209
M4-zoned facility includes three loading docks and a fenced outdoor yard.
Property Size34,895 SF
Price / SF$83.11
Days on Market360
Property Features for 5654 W Jefferson Ave
General Information
Standard status
Active
Size
34,895 SF
Property subtype
Industrial
Zoning
M4
Building Details
Building Size
34,895 SF
Listing Agency:
Colliers
Listed By:
Berge Avesian
(248) 540-1000
Source:
Cpix.resimplifi
Added: Oct 21, 2025
Changed: Oct 13
Last Checked: Oct 14 at 7:55PM
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 Colliers
Investment Insights
Based on property information with market context.
This industrial warehouse contains 34,895 SF of building area, a fenced yard, and three docks for loading and unloading. The property carries M4 Heavy Industrial zoning, supporting its classification as a warehouse-oriented industrial asset.
The building is adjacent to the Gordie Howe Bridge and is located within an Opportunity Zone. Its combination of substantial enclosed area, dock access, and fenced exterior space provides a practical configuration for industrial operations requiring both building and yard components.
The building is adjacent to the Gordie Howe Bridge and is located within an Opportunity Zone. Its combination of substantial enclosed area, dock access, and fenced exterior space provides a practical configuration for industrial operations requiring both building and yard components.
Key Highlights
- 34,895 SF industrial building
- M4 Heavy Industrial zoning
- Fenced yard included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$248,656
Cap Rate
8.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,973,120
$5.0M
Cap Rate 7%
$3,552,229
$3.6M
Cap Rate 9%
$2,762,844
$2.8M
Market Conditions
NOI Build-Up for 34,895 SF
Gross rent
$305.7K $8.76/SF
− Vacancy
−$13.1K −$0.38/SF
EGI
$292.5K $8.38/SF
− OpEx
−$43.9K −$1.26/SF
NOI
$248.7K $7.13/SF
Area
Detroit, MI
Vacancy
4.30%
Lease Rate
$8.76 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,973,120
Cap Rate 7%
$3,552,229
Cap Rate 9%
$2,762,844
Alternative Uses
Best Use
Warehouse
$3.55M
$3.11M – $4.14M
NOI $248,656 @ 7.0% cap · market cap 8.57%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$7.70M
$6.74M – $8.98M
NOI $538,858 @ 7.0% cap · market cap 18.58%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
139
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 48209, MI
27,096
Population
11,020
Households
2.5
Avg Household Size
30
Median Age
10%
College-Educated
61%
High-School Grad
6.8 sq mi
ZIP Area
3,985
Density / Sq Mi
$42,152
Median Household Income
$30,091
Median Earnings
$843
Median Rent
$82,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Detroit, MI
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Similar Off Market Nearby
- Revere Dock LLC — 5851 W Jefferson Ave, Detroit, MI 48209
Frequently Asked Questions
What type of property is this?
Warehouse - M4-zoned facility includes three loading docks and a fenced outdoor yard.
Where is this warehouse located?
The property is located at 5654 W Jefferson Ave Detroit, MI.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: 34,895 SF industrial building; M4 Heavy Industrial zoning; Fenced yard included
