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    28000 Jefferson Ave Gibraltar, MI 48173

    Sponsored
    For Sale
    Contact for pricing

    Massive Distribution/Manufacturing Space

    Property size:
    560,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional industrial property, located at 28000 W Jefferson Ave in Gibraltar, Michigan, presents a significant investment opportunity. Boasting a substantial 560,000 square feet of space on a sprawling 42-acre lot, this facility is ideally suited for large-scale distribution or manufacturing operations. The building features eight cranes with capacities ranging from 25 to 75 tons, providing ample lifting capacity for heavy equipment and materials. High ceilings, measuring 50 feet, and a 34-foot under-hook clearance ensure efficient handling of large goods. The expansive 100-foot bays offer flexible layout options to accommodate diverse operational needs. Power is abundant, with 20 megawatts available via two 10-megawatt feeds, ensuring uninterrupted operations. Strategic access to vital transportation networks is provided by the proximity to Conrail and Canadian National Railway rail service. The property is classified as a crane building and is zoned for both distribution and manufacturing uses. A partial leaseback by the owner for an annealing line may be available, offering potential for immediate income generation. This property's size, features, and location in Wayne County, Michigan (zip code 48173), make it a truly unique and compelling investment prospect. The property is situated at 42.1062807 latitude and -83.1990592 longitude.

    Property Features for 28000 Jefferson Ave

    General Information

    Property type
    Manufacturing properties
    Square Feet
    560,000 SF
    Lot Size
    1,829,520 SF

    HighLights

    • 8 cranes with capacities ranging from 25 to 75 tons.
    • 50‑foot ceiling clearance.
    • 34‑foot under‑hook clearance.
    • 100‑foot bay spacing.
    • 20 megawatts of power available, fed by two 10‑megawatt lines.
    • Conrail and Canadian National Railway rail service potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Gibraltar
    County
    Wayne
    State
    Michigan
    Longitude
    -83.1990592
    Latitude
    42.1062807

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Manufacturing property - Massive Distribution/Manufacturing Space
    Where is this manufacturing property located?
    The property is located at 28000 Jefferson Ave Gibraltar, MI.
    What are key features of this property?
    This property features: 8 cranes with capacities ranging from 25 to 75 tons.; 50-foot ceiling clearance.; 34-foot under-hook clearance.
    Request Owner's contact information
    28000 Jefferson Ave Gibraltar, MI 48173
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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
    28000 Jefferson Ave Gibraltar, MI 48173
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