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Remodeled Industrial Warehouse with Kitchen
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6700-6724 E Davison St, Detroit, MI 48212

Remodeled industrial space with kitchen area, walk-in coolers/freezers, two overhead doors, and ample parking.

Property Size11,000 SF
Price / SF$0.00
Days on Market349

Property Features for 6700-6724 E Davison St

General Information

Standard status Active
Size 11,000 SF
Property subtype Industrial
Zoning M2

Site & Location

Neighborhood Grant

Building Details

Building Size 11,000 SF
Listing Agency: NAI Farbman
Listed By: Dan Callaway
Source: Cpix.resimplifi
Added: Nov 19, 2025 Changed: Oct 31 Last Checked: Nov 1 at 2:24AM

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 NAI Farbman

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Available for sale or lease is a remodeled industrial warehouse with built-out kitchen space and several walk-in coolers and freezers. The property features two overhead doors and ample on-site parking for day-to-day operations.

In addition to the main warehouse configuration, a suite is available for flexibility: Suite A offers 3,200 SF, and Suite B offers 7,800 SF.

The space is located at 6700-6724 E Davison St in Detroit, MI 48212, providing an industrial setting suited for users seeking warehouse capacity alongside cold storage and kitchen support.

Key Highlights

  • Remodeled industrial space with kitchen area and commercial walk‑in coolers/freezers
  • Two overhead doors for warehouse access
  • Available suite sizes: 3,200 SF and 7,800 SF

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$78,384
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,567,680 $1.6M
Cap Rate 7%
$1,119,771 $1.1M
Cap Rate 9%
$870,933 $870.9K
Market Conditions
NOI Build-Up for 11,000 SF
Gross rent
$96.4K $8.76/SF
− Vacancy
−$4.1K −$0.38/SF
EGI
$92.2K $8.38/SF
− OpEx
−$13.8K −$1.26/SF
NOI
$78.4K $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%
$1,567,680
Cap Rate 7%
$1,119,771
Cap Rate 9%
$870,933

Alternative Uses

Best Use
Warehouse
$1.12M
$979.8K – $1.31M (±1% cap)
NOI $78,384 @ 7.0% cap · market cap 979,800.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.43M
$2.12M – $2.83M (±1% cap)
NOI $169,865 @ 7.0% cap · market cap 2,123,312.50%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Refrigerated & Cold Storage

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic HVAC Service Gym & Fitness Center Pharmacy Garden Center

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

352
Businesses Nearby

Demographics for 48212, MI

43,192
Population
14,739
Households
2.9
Avg Household Size
29
Median Age
16%
College-Educated
68%
High-School Grad
5.3 sq mi
ZIP Area
8,149
Density / Sq Mi
$37,293
Median Household Income
$28,894
Median Earnings
$935
Median Rent
$98,200
Median Home Value

Market

Vacancy Rate% for Industrial in Detroit, MI

3% 2019
4.2% 2020
2.5% 2021
2.4% 2022
3% 2023
3.4% 2024
3.7% 2025

Frequently Asked Questions

What type of property is this?
Refrigerated & cold storage - Remodeled industrial space with kitchen area, walk-in coolers/freezers, two overhead doors, and ample parking.
Where is this refrigerated & cold storage located?
The property is located at 6700-6724 E Davison St Detroit, MI.
What are key features of this property?
This property features: Remodeled industrial space with kitchen area and commercial walk‑in coolers/freezers; Two overhead doors for warehouse access; Available suite sizes: 3,200 SF and 7,800 SF
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Includes: Price & PSF · Cap rate · Location · Zoning

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