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    1200 Mcnichols Rd Highland Park, MI 48203

    Sponsored
    For Lease
    $5 SF/Yr

    Large industrial warehouse, excellent location.

    Lot size:
    525,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional industrial property, located at 1200 E. McNichols Road in Detroit's east Woodward submarket, offers a substantial 525,000 square feet of warehouse and distribution space within a single six-story building. Currently, 54,590 square feet is available for lease. Built in 1950, the property sits on a generous 18.36-acre lot and is zoned M-4. The building features a 12-foot clear ceiling height, providing ample vertical space for storage and operations. Loading and unloading are facilitated by eight dock-high doors and one loading dock. The property boasts significant power capacity with 3-phase, 1,000 KVA power available. Its strategic location provides immediate freeway access and benefits from active rail access to the site, enhancing logistical efficiency. The property's address is further identified by its cross street, Oakland Street, and its Wayne County APN is 43-002-04-0020-001. This multi-tenant property presents a significant opportunity for businesses seeking a large-scale industrial space with excellent infrastructure and convenient access to major transportation arteries.

    Property Features for 1200 Mcnichols Rd

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    525,000 SF
    Total Rate
    218750

    Building Details

    Year Built
    1950
    Buildings
    1
    Stories
    6

    Unit(s) available at that property

    Space
    Available Space
    Size
    54,590 SF
    Rate per SF
    $5

    HighLights

    • 525,000 SF industrial warehouse and distribution facility.
    • 54,590 SF of vacant space available for lease.
    • 18.36‑acre lot.
    • Built in 1950, six‑story building.
    • 12' clear ceiling height.
    • Features eight dock‑high doors and one loading dock.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Highland Park
    County
    Wayne
    State
    Michigan
    Longitude
    -83.0908255
    Latitude
    42.4167395

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    FAQs

    What type of property is this?
    Distribution property - Large industrial warehouse, excellent location.
    Where is this distribution property located?
    The property is located at 1200 Mcnichols Rd Highland Park, MI.
    What is the lease rate?
    The lease rate is $5 SF/Yr.
    What are key features of this property?
    This property features: 525,000 SF industrial warehouse and distribution facility.; 54,590 SF of vacant space available for lease.; 18.36-acre lot.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1200 Mcnichols Rd Highland Park, MI 48203
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