Remodeled Freestanding Industrial
6519 N Hix Rd Westland, MI 48185
6519 N Hix Rd, Westland, MI, 48185
$2,350,000
For Sale
$2,350,000
Freestanding industrial building with 20-foot clear height and two truck wells for loading and grade-level access.
Property Size23,470 SF
Price / SF$100.13
Days on Market154
Property Features for 6519 N Hix Rd
General Information
- Standard status
- Active
- Size
- 23,470 SF
- Property subtype
- Industrial
Listing agency
Thomas A. Duke Company
(248) 476-3700
Listed by
Eric Szerlag · License #6501343471
(248) 476-3700
Source
Cpix.resimplifi
Added: Feb 17 Updated: Jul 20 at 7:22PM Checked: Jul 21 at 3:12AM
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 Thomas A. Duke Company
Investment Insights
Based on property information with market context.
A freestanding industrial building offering approximately 23,470 square feet and recently remodeled, clean condition. The facility features 20-foot clear height and two truck wells, supported by a 12x14 grade level door to accommodate practical loading needs.
The property is described as having easy access to I-275. Occupancy is scheduled for March 2026.
This building is well suited for industrial users seeking a self-contained, move-in ready setup with meaningful vertical clear height and direct loading access.
The property is described as having easy access to I-275. Occupancy is scheduled for March 2026.
This building is well suited for industrial users seeking a self-contained, move-in ready setup with meaningful vertical clear height and direct loading access.
Key Highlights
- Freestanding 23,470 SF industrial building
- Recently remodeled, clean building
- 20‑foot clear height
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 | $180.2k | $7.68 |
| − Vacancy | −$6.7k | −$0.28 |
| EGI | $173.6k | $7.40 |
| − OpEx | −$26.0k | −$1.11 |
| NOI | $147.5k | $6.29 |
23,470 SF · lease $7.68/SF/yr · vacancy 3.70% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$2.11M
$1.84M – $2.46M
NOI $147,543 @ 7.0% cap · market cap 6.28%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$4.35M
$3.80M – $5.07M
NOI $304,171 @ 7.0% cap · market cap 12.94%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Independent Exhibit Services
Exhibit
Independent Exhibit Services, ...
Exhibit
Similar For Sale Nearby
Similar Off Market Nearby
- CubeSmart Self Storage — 39205 Ford Rd, Westland, MI 48185
- Canton RV Storage — 39475 Warren Rd, Canton, MI 48187
- Office Installations Inc — 6022 Executive Dr E, Westland, MI 48185
- Simply Self Storage — westland, mi 48185
FAQs
What type of property is this?
Warehouse - Freestanding industrial building with 20-foot clear height and two truck wells for loading and grade-level access.
Where is this warehouse located?
The property is located at 6519 N Hix Rd Westland, MI.
What is the asking price?
The asking price for this property is $2,350,000.
What are key features of this property?
This property features: Freestanding 23,470 SF industrial building; Recently remodeled, clean building; 20‑foot clear height
