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    26325-26341 8 Mile Rd Redford Charter Township, MI 48240

    Sponsored
    For Sale
    $248,000

    Industrial Warehouse, High Visibility

    Property size:
    2,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional light industrial warehouse, located at 26325-26341 8 Mile Rd in Redford Charter Township, Michigan, 48240, presents a compelling investment opportunity. Boasting 2,500-5,000 square feet of well-maintained space, the property features an attractive showroom with an exposed vaulted ceiling, perfect for showcasing products or services. The building includes ample office space and two ADA-compliant restrooms, one equipped with a shower. Functionality is enhanced by two 10x10 overhead doors, 220V electric service, and two 5-ton HVAC units. Parking is readily available with eight spaces behind the building, supplemented by additional city street parking on a first-come, first-served basis. The property is zoned M-1 Light Industrial and benefits from a new roof with a transferable warranty. The 2019 property taxes were $7,388.27. High visibility on 8 Mile Road ensures excellent exposure for your business. This meticulously maintained building offers a blend of functionality and aesthetic appeal, making it an ideal choice for a variety of industrial uses. The asking price is $248,000.

    Property Features for 26325-26341 8 Mile Rd

    General Information

    Property type
    Distribution properties
    Square Feet
    2,500 SF

    HighLights

    • $248,000 asking price for a 2,500‑5,000 SF warehouse on 8 Mile Road with high visibility.
    • Excellent condition with meticulous maintenance.
    • Eight parking spaces in the rear, plus additional street parking.
    • Two 10' x 10' overhead doors.
    • Attractive showroom featuring an exposed vaulted ceiling.
    • Office space and two ADA‑compliant restrooms, one with a shower.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Realty agency Law Firm Restaurant 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
    Redford Charter Township
    County
    Wayne
    State
    Michigan
    Longitude
    -83.3036679
    Latitude
    42.441949

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    FAQs

    What type of property is this?
    Distribution property - Industrial Warehouse, High Visibility
    Where is this distribution property located?
    The property is located at 26325-26341 8 Mile Rd Redford Charter Township, MI.
    What is the asking price?
    The asking price for this property is $248,000.
    What are key features of this property?
    This property features: $248,000 asking price for a 2,500-5,000 SF warehouse on 8 Mile Road with high visibility.; Excellent condition with meticulous maintenance.; Eight parking spaces in the rear, plus additional street parking.
    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
    26325-26341 8 Mile Rd Redford Charter Township, MI 48240
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