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    13400 Hancock Dr Taylor, MI 48180

    For Sale
    $499,000

    182,690 SF Warehouse, $499,000

    Property size:
    182,690 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 182,690-square-foot industrial property, situated on a generous 4.194-acre lot in Taylor, Michigan, presents a compelling investment opportunity. The building is classified as both distribution and warehouse space, offering significant versatility for a wide range of industrial uses. Located at 13400 Hancock Dr, 48180, this strategically positioned property boasts 547 feet of frontage on Hancock Drive, providing excellent visibility and accessibility. Its prime location offers immediate proximity to major thoroughfares, including Northline Road, I-75, Telegraph Road, I-94, and the Southfield Freeway, ensuring seamless transportation and logistics. The asking price is $499,000, translating to a price per square foot of $2.73. The seller is flexible and motivated, making this an attractive proposition for discerning buyers. The property's size and location within Wayne County, Michigan, offer significant potential for various industrial operations, making it an ideal choice for businesses seeking a strategic foothold in a thriving commercial area. This light industrial development property presents a rare opportunity to acquire a substantial and well-located asset.

    Property Features for 13400 Hancock Dr

    General Information

    Property type
    Distribution properties
    Square Feet
    182,690 SF
    Lot Size
    182,691 SF

    HighLights

    • 182,690 SF industrial building on a 4.19‑acre lot in Taylor, MI.
    • Distribution/warehouse space with versatile uses.
    • Located at 13400 Hancock Dr, Taylor, MI 48180, with 547' of frontage.
    • Excellent access to major roadways (Northline Rd, I‑75, Telegraph Rd, I‑94, Southfield Freeway).
    • Asking price: $499,000 ($2.73/SF).
    • Motivated seller.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Taylor
    County
    Wayne
    State
    Michigan
    Longitude
    -83.2374727
    Latitude
    42.2104574

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    FAQs

    What type of property is this?
    Distribution property - 182,690 SF Warehouse, $499,000
    Where is this distribution property located?
    The property is located at 13400 Hancock Dr Taylor, MI.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: 182,690 SF industrial building on a 4.19-acre lot in Taylor, MI.; Distribution/warehouse space with versatile uses.; Located at 13400 Hancock Dr, Taylor, MI 48180, with 547' of frontage.
    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
    13400 Hancock Dr Taylor, MI 48180
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