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    401 Industrial Dr Plymouth, MI 48170

    For Sale
    $1,900,000

    20,000 SF Warehouse, Vacant, $1.9M

    Property size:
    20,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This 20,000-square-foot industrial warehouse in Plymouth, Michigan, is available for $1,900,000. Situated on a 1.39-acre lot, this vacant property boasts a 12-foot ceiling height, 32 surface parking spaces, and ample power (800A, 3-phase). The building features one 10x10-foot grade-level door and is equipped with a sprinkler system. Its L1, Light Industrial zoning is ideal for various uses, including light manufacturing. The property offers a combination of office and flex space and is conveniently located near downtown Plymouth with easy access to major freeways I-275, I-96, and M-14. The building is fully vacant and presents a significant opportunity for immediate occupancy and customization. The asking price is $95 per square foot.

    Property Features for 401 Industrial Dr

    General Information

    Property type
    Manufacturing properties
    Square Feet
    20,000 SF
    Lot Size
    60,548 SF

    HighLights

    • 20,000 SF industrial warehouse
    • 12‑foot clear height
    • One 10' x 10' grade‑level door
    • 1.39‑acre lot
    • 100% vacant
    • 32 surface parking spaces
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage 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
    Plymouth
    County
    Wayne
    State
    Michigan
    Longitude
    -83.4496429
    Latitude
    42.3734935

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    FAQs

    What type of property is this?
    Manufacturing property - 20,000 SF Warehouse, Vacant, $1.9M
    Where is this manufacturing property located?
    The property is located at 401 Industrial Dr Plymouth, MI.
    What is the asking price?
    The asking price for this property is $1,900,000.
    What are key features of this property?
    This property features: 20,000 SF industrial warehouse; 12-foot clear height; One 10' x 10' grade-level door
    Request Owner's contact information
    401 Industrial Dr Plymouth, MI 48170
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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
    401 Industrial Dr Plymouth, MI 48170
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