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    25411 Sherwood Ave Center Line, MI 48091

    Sponsored
    For Sale
    $2,750,000

    26,157 SF Flex/Warehouse, 7.6% Cap Rate

    Property size:
    26,157 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents a 26,157-square-foot industrial building situated on a 2.2-acre lot in Center Line, Michigan. The property, located at 25411 Sherwood Ave, Warren, MI 48091, is a single-story, Class C building constructed in 1920 and extensively renovated in 2000. Currently operating at 100% occupancy with two tenants under a modified net lease, this multi-tenant property offers a strong 7.60% cap rate at an asking price of $2,750,000 ($105.13/SF). The building features 18-foot ceilings, one loading dock, and four dock-high doors, providing ample space for various industrial uses. Extensive parking is available with 50 spaces, plus outside storage and truck parking. The property is zoned M-1 and boasts a desirable mix of tenants. This well-maintained building represents a compelling investment opportunity in a strong industrial market. The property includes APN numbers 01-13-21-376-004 and 01-13-21-376-002.

    Property Features for 25411 Sherwood Ave

    General Information

    Property type
    Distribution properties
    Square Feet
    26,157 SF
    Class
    C
    Lot Size
    95,832 SF

    Building Details

    Year Built/Renovated
    1920/2000
    Buildings
    1
    Stories
    1
    Units
    2

    HighLights

    • Exceptional investment opportunity with a 7.60% cap rate.
    • Truck parking available.
    • Outside storage available.
    • Well‑maintained building.
    • Desirable tenant mix.
    • Ample parking (50 spaces).
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Center Line
    County
    Macomb
    State
    Michigan
    Longitude
    -83.038118903369
    Latitude
    42.480311815881

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    Nearby Similar for Sale

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      Center Line Industrial Flex Space

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    FAQs

    What type of property is this?
    Distribution property - 26,157 SF Flex/Warehouse, 7.6% Cap Rate
    Where is this distribution property located?
    The property is located at 25411 Sherwood Ave Center Line, MI.
    What is the asking price?
    The asking price for this property is $2,750,000.
    What are key features of this property?
    This property features: Exceptional investment opportunity with a 7.60% cap rate.; Truck parking available.; Outside storage available.
    Request Owner's contact information
    25411 Sherwood Ave Center Line, MI 48091
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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
    25411 Sherwood Ave Center Line, MI 48091
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