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    40 Haltiner St River Rouge, MI 48218

    Sponsored
    For Lease
    $5 SF/Yr

    Spacious industrial warehouse, ample parking.

    Lot size:
    54,177 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 54,177-square-foot warehouse, located at 40 Haltiner St, River Rouge, MI 48218, presents a significant opportunity. Situated on a 2-acre lot, this single-tenant property boasts a 38-foot ceiling height, ideal for various industrial uses. The building features a clear span design with no interior columns, maximizing usable space. Nine oversized grade-level doors (16'w x 20'h) facilitate efficient loading and unloading. The property includes three cranes: one 35-ton, one 25-ton, and one 20-ton crane, enhancing operational capabilities. Power is substantial, with 4000 amps and 480 volts available. Ample parking is provided on the dedicated 2-acre lot, offering flexibility for storage or vehicle parking. Built in 1940 and renovated in 2020, this property is zoned M-1, M-2 and is conveniently located in the Downriver North submarket of Wayne County, with easy access to Jefferson Ave. The property is currently available for sublease until December 1, 2025.

    Property Features for 40 Haltiner St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    54,177 SF
    Total Rate
    25734.08

    Building Details

    Year Built/Renovated
    1940/2020
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space
    Size
    54,177 SF
    Rate per SF
    $5

    HighLights

    • 54,177 SF warehouse on a 2‑acre lot in River Rouge, MI.
    • Sublease available until December 1, 2025.
    • 38' ceiling height, clear span design, and nine oversized (16'w x 20'h) grade‑level doors.
    • Three cranes (35‑ton, 25‑ton, and 20‑ton) and 4000 amps, 480 volts power.
    • Ample parking on‑site.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage 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
    River Rouge
    County
    Wayne
    State
    Michigan
    Longitude
    -83.1370151
    Latitude
    42.2726867

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    Nearby Similar for Lease

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    FAQs

    What type of property is this?
    Distribution property - Spacious industrial warehouse, ample parking.
    Where is this distribution property located?
    The property is located at 40 Haltiner St River Rouge, MI.
    What is the lease rate?
    The lease rate is $5 SF/Yr.
    What are key features of this property?
    This property features: 54,177 SF warehouse on a 2-acre lot in River Rouge, MI.; Sublease available until December 1, 2025.; 38' ceiling height, clear span design, and nine oversized (16'w x 20'h) grade-level doors.
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    40 Haltiner St River Rouge, MI 48218
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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
    40 Haltiner St River Rouge, MI 48218
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