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    166 Victor Streeet Highland Park, MI 48203

    Sponsored
    For Sale
    $330,000

    6,000 SF Warehouse, Excellent Condition

    Property size:
    6,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 6,000-square-foot warehouse at 166 Victor Street in Highland Park, Michigan, presents a rare opportunity for investors and businesses alike. Located in Wayne County, this single-story, 1969-built industrial property sits on a 0.18-acre lot and is zoned for industrial use. The building boasts a desirable clear span design, ensuring maximum usable space and flexibility. The 20-foot ceiling height provides ample vertical clearance for various storage and operational needs. Access is facilitated by one 14' x 14' grade-level loading dock door. The asking price is $330,000, translating to $55 per square foot of land value. While the main warehouse space totals 6,000 square feet, an additional 100 square feet of office space is included, providing a convenient area for administrative functions. The property is in good condition, making it immediately ready for occupancy. This is a unique opportunity to acquire a well-maintained, strategically located industrial warehouse in a desirable area. The property's size and features make it suitable for a variety of industrial uses. Don't miss this chance to own a prime piece of industrial real estate in Highland Park, MI, zip code 48203.

    Property Features for 166 Victor Streeet

    General Information

    Property type
    Distribution properties
    Square Feet
    6,000 SF
    Lot Size
    7,841 SF

    Building Details

    Year Built
    1969
    Buildings
    1
    Stories
    1

    HighLights

    • 6,000 square feet of warehouse space.
    • 100 square feet of office space.
    • 20' clear ceiling height.
    • One 14' x 14' grade‑level loading dock.
    • Rare, well‑maintained 6,000 SF clear‑span warehouse.
    • Asking price: $330,000 ($55/SF).
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Map

    City
    Highland Park
    County
    Wayne
    State
    Michigan
    Longitude
    -83.091567
    Latitude
    42.4082

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    FAQs

    What type of property is this?
    Distribution property - 6,000 SF Warehouse, Excellent Condition
    Where is this distribution property located?
    The property is located at 166 Victor Streeet Highland Park, MI.
    What is the asking price?
    The asking price for this property is $330,000.
    What are key features of this property?
    This property features: 6,000 square feet of warehouse space.; 100 square feet of office space.; 20' clear ceiling height.
    Request Owner's contact information
    166 Victor Streeet Highland Park, MI 48203
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    Highland Park, MI 48203
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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
    166 Victor Streeet Highland Park, MI 48203
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