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    8211 Decatur St Detroit, MI 48228

    Sponsored
    For Lease
    $4 SF/Yr

    Massive Warehouse Space For Lease: 113,242 SF

    Lot size:
    113,242 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 113,242-square-foot warehouse, located at 8211 Decatur Street in Detroit, Michigan, presents a significant leasing opportunity. Situated on a substantial 6.06-acre lot, this single-tenant property boasts a prime location with convenient access via Joy Road and Schaefer Highway. Built in 1950, the building features a six-story structure with impressive 14-foot ceiling heights, ideal for various industrial uses. The property includes nine loading docks, nine dock-high doors, and two drive-in doors, ensuring efficient loading and unloading operations. Ample parking is provided with 45 total spaces. The warehouse is zoned M4 (Intensive Industrial District), allowing for a wide range of industrial activities. The property's Asset Property Number (APN) is 22-001936-001. With its substantial size, excellent access, and ample loading capabilities, this warehouse is perfectly suited for businesses requiring significant storage and operational space. The entire 113,242 square feet is currently vacant and available for immediate occupancy. This is a rare opportunity to secure a large, well-located industrial space in Detroit's thriving industrial market.

    Property Features for 8211 Decatur St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    113,242 SF
    Total Rate
    46712.33

    Building Details

    Year Built
    1950
    Buildings
    1
    Stories
    6

    Unit(s) available at that property

    Space
    Available Space
    Size
    113,242 SF
    Rate per SF
    $4

    HighLights

    • 113,242 SF warehouse available for lease.
    • 111,242 SF warehouse space and 2,000 SF of office space.
    • 14' clear ceiling height.
    • Nine loading docks (six 9'x9', three 9'x10') and two drive‑in doors (one 10'x10', one 12'x13').
    • Sixteen trailer parking spaces with potential for expansion.
    • Existing interior rail spur, reactivation possible.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.180765
    Latitude
    42.3542209

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    FAQs

    What type of property is this?
    Distribution property - Massive Warehouse Space For Lease: 113,242 SF
    Where is this distribution property located?
    The property is located at 8211 Decatur St Detroit, MI.
    What is the lease rate?
    The lease rate is $4 SF/Yr.
    What are key features of this property?
    This property features: 113,242 SF warehouse available for lease.; 111,242 SF warehouse space and 2,000 SF of office space.; 14' clear ceiling height.
    Request Owner's contact information
    8211 Decatur St Detroit, MI 48228
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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
    8211 Decatur St Detroit, MI 48228
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