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    13230 Hamilton Ave Highland Park, MI 48203

    Sponsored
    For Sale
    $195,000

    1,734 SF Warehouse, 3 Docks, New Roof

    Property size:
    1,734 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1,734-square-foot warehouse, located at 13230 Hamilton Avenue in Highland Park, Michigan, presents a compelling investment opportunity. Priced at $195,000, this property boasts a desirable B-1 zoning designation, offering versatility for a range of industrial uses. The building features three convenient loading docks, significantly enhancing operational efficiency. The warehouse also benefits from a recently installed brand new roof, eliminating immediate roof replacement costs. With a ceiling height of 14 feet, the space provides ample vertical clearance for storage and operations. Situated on a 0.12-acre lot in Wayne County, the property's location in the 48203 zip code offers easy access to major transportation routes. The price per square foot is $112.46, reflecting a strong value proposition in the current market. This well-maintained warehouse is ready for immediate occupancy and presents a rare opportunity to acquire a functional and strategically located industrial property. The property's features and location make it an ideal choice for businesses seeking a cost-effective and efficient warehouse solution.

    Property Features for 13230 Hamilton Ave

    General Information

    Property type
    Distribution properties
    Square Feet
    1,734 SF
    Lot Size
    5,227 SF

    HighLights

    • $195,000 asking price for this Highland Park, MI warehouse.
    • 1,734 square foot industrial warehouse.
    • $112.46 per square foot.
    • B‑1 zoning.
    • 0.12‑acre lot.
    • Three loading docks.
    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 Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Highland Park
    County
    Wayne
    State
    Michigan
    Longitude
    -83.1035473
    Latitude
    42.3990601

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    FAQs

    What type of property is this?
    Distribution property - 1,734 SF Warehouse, 3 Docks, New Roof
    Where is this distribution property located?
    The property is located at 13230 Hamilton Ave Highland Park, MI.
    What is the asking price?
    The asking price for this property is $195,000.
    What are key features of this property?
    This property features: $195,000 asking price for this Highland Park, MI warehouse.; 1,734 square foot industrial warehouse.; $112.46 per square foot.
    Request Owner's contact information
    13230 Hamilton Ave 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
    13230 Hamilton Ave Highland Park, MI 48203
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