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    20210 Sherwood St Detroit, MI 48234

    Sponsored
    For Sale
    $795,000

    18,425 SF Warehouse, Excellent Location

    Property size:
    18,425 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This Detroit industrial property, located at 20210 Sherwood Street, offers 18,425 square feet of space, ideal for various industrial uses. The building features a combination of warehouse and office space, with approximately 15,073 square feet dedicated to warehouse operations and roughly 3,352 square feet allocated for office use. Constructed in phases (1950, 1956, and renovated in 1986), the single-story building sits on a 0.69-acre lot in Wayne County's B4 - General Business District zoning. The property boasts convenient access to major transportation routes, situated just south of 8 Mile Road and less than four miles east of I-75. Loading capabilities include two loading docks and one dock-high door, complemented by a truckwell. Ceiling heights vary from 11 to 15 feet, providing ample vertical space. The property benefits from robust electrical service, including 400 amps, 220v, and 3-phase power. Additionally, there are two grade-level doors, measuring 10x12 and 12x12 feet respectively. The asking price is $795,000, with annual property taxes totaling $4,803.25. The property's APN is 150121079. This is a prime opportunity for businesses seeking a well-located and functional industrial space in Detroit, Michigan.

    Property Features for 20210 Sherwood St

    General Information

    Property type
    Distribution properties
    Square Feet
    18,425 SF
    Lot Size
    30,056 SF

    Building Details

    Year Renovated
    1986
    Stories
    1

    HighLights

    • 18,425 SF Industrial Building for Sale
    • 15,073 SF Warehouse, 3,352 SF Office
    • Excellent location, South of 8 Mile Rd, <4 miles East of I‑75
    • 400‑amp, 220v, 3‑phase power
    • Two grade‑level doors (10x12 & 12x12) and one truckwell
    • 11'-15' clear ceiling height
    Property Profile Location Intelligence

    Current Use by Public Records

    Nortronic Co Welding Supply Store

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.0341761
    Latitude
    42.4450859

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    FAQs

    What type of property is this?
    Distribution property - 18,425 SF Warehouse, Excellent Location
    Where is this distribution property located?
    The property is located at 20210 Sherwood St Detroit, MI.
    What is the asking price?
    The asking price for this property is $795,000.
    What are key features of this property?
    This property features: 18,425 SF Industrial Building for Sale; 15,073 SF Warehouse, 3,352 SF Office; Excellent location, South of 8 Mile Rd, <4 miles East of I-75
    Request Owner's contact information
    20210 Sherwood St Detroit, MI 48234
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    Detroit, MI 48234
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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
    20210 Sherwood St Detroit, MI 48234
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