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Warehouse Building
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6927 Chase Road, Dearborn, MI 48126

The building offers warehouse space for commercial operations.

Property Size2,000 SF
Price / SF$0.75
Days on Market18

Property Features for 6927 Chase Road

General Information

Standard status Active
Size 2,000 SF
Property subtype Commercial

Site & Location

Neighborhood Fordson West

Additional Details

Warehouse Space 2,000 SF
Property Use Warehouse

Building Details

Year Built 1951
Listing Agency: GoodHome Realty, LLC
Listed By: Quinton Lemond
Source: Goodhomemi
Added: Oct 12 Changed: Oct 28 Last Checked: Oct 28 at 2:34PM

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 GoodHome Realty, LLC

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This warehouse property contains 2,000 square feet of space. Built in 1951, the building provides a straightforward warehouse configuration.

Showings require 24-hour notice.

Key Highlights

  • 2,000 square feet of warehouse space
  • Built in 1951
  • Showings require 24‑hour notice

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$12,508
Suggested Prices Based on Cap Rates
Cap Rate 5%
$250,160 $250.2K
Cap Rate 7%
$178,686 $178.7K
Cap Rate 9%
$138,978 $139.0K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$15.4K $7.68/SF
− Vacancy
−$645 −$0.32/SF
EGI
$14.7K $7.36/SF
− OpEx
−$2.2K −$1.10/SF
NOI
$12.5K $6.25/SF
Area
Dearborn, MI
Vacancy
4.20%
Lease Rate
$7.68 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$250,160
Cap Rate 7%
$178,686
Cap Rate 9%
$138,978

Alternative Uses

Best Use
Warehouse
$178.7K
$156.4K – $208.5K (±1% cap)
NOI $12,508 @ 7.0% cap · market cap 833.87%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$441.2K
$386.1K – $514.8K (±1% cap)
NOI $30,885 @ 7.0% cap · market cap 2,059.00%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick Parking Lot & Garage Kitchen & Bath Showroom Real Estate Agency Storage Facility Garden Center (Bike/Boat/Book/etc) Store

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

1,104
Businesses Nearby
Under-served
Demand for This Use

Demographics for 48126, MI

55,863
Population
16,919
Households
3.3
Avg Household Size
28
Median Age
24%
College-Educated
74%
High-School Grad
8.4 sq mi
ZIP Area
6,650
Density / Sq Mi
$42,353
Median Household Income
$27,724
Median Earnings
$1,222
Median Rent
$200,600
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Similar Off Market Nearby

  • Commercial Storage — 6550 Chase Rd, Dearborn, MI 48126

Frequently Asked Questions

What type of property is this?
Warehouse - The building offers warehouse space for commercial operations.
Where is this warehouse located?
The property is located at 6927 Chase Road Dearborn, MI.
What are key features of this property?
This property features: 2,000 square feet of warehouse space; Built in 1951; Showings require 24‑hour notice
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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