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    8820 Lyndon St Detroit, MI 48238

    Sponsored
    For Sale
    $450,000

    12,600 SF Warehouse, Vacant, M2 Zoning

    Property size:
    12,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 12,600-square-foot industrial warehouse in Detroit, Michigan, is available for sale at $450,000 ($39.60/sq ft). Located at 8820 Lyndon St, 48238, this single-tenant, Class C property sits on a 0.33-acre lot and features four dock-high doors. Built in 1946, the warehouse boasts a spacious interior with 19' to 25' ceiling heights, ideal for various uses. The property includes four parking spaces and significant heavy-duty infrastructure: one 3-ton and two 5-ton cranes, two 12' x 6' overhead doors, and robust 400 amp, 220-volt, 3-phase power. The M2 zoning permits a wide range of industrial uses, including cannabis cultivation and processing. The building's construction is black and steel. This vacant property presents a unique opportunity for owner-users seeking a well-maintained space with substantial capacity.

    Property Features for 8820 Lyndon St

    General Information

    Property type
    Distribution properties
    Square Feet
    12,600 SF
    Class
    C
    Lot Size
    14,375 SF

    Building Details

    Year Built
    1946

    HighLights

    • 6 months free rent to qualified tenant.
    • 19' to 25' clear ceiling height.
    • One 3‑ton and two 5‑ton cranes.
    • 400 amp, 220‑volt, 3‑phase power.
    • Two 12' x 6' grade‑level doors.
    • M‑2 zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.15791143
    Latitude
    42.39527423

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    FAQs

    What type of property is this?
    Distribution property - 12,600 SF Warehouse, Vacant, M2 Zoning
    Where is this distribution property located?
    The property is located at 8820 Lyndon St Detroit, MI.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: 6 months free rent to qualified tenant.; 19' to 25' clear ceiling height.; One 3-ton and two 5-ton cranes.
    Request Owner's contact information
    8820 Lyndon St Detroit, MI 48238
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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
    8820 Lyndon St Detroit, MI 48238
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