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    8301 Lyndon St Detroit, MI 48238

    For Sale
    $495,000

    27,000 SF Warehouse, $495,000

    Property size:
    27,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 27,000-square-foot industrial distribution center, located at 8301 Lyndon St in Detroit, Michigan, presents a compelling investment opportunity. Situated on a 0.99-acre lot, this property boasts a strategic location within Wayne County, zip code 48238. Built in 1946, the building is zoned M4, allowing for a variety of industrial uses. The warehouse features five overhead doors and one interior truck well, ensuring efficient loading and unloading operations. In addition to the expansive warehouse space, the property includes approximately 2,500 square feet of office space, providing ample room for administrative functions. The asking price is $495,000, translating to a price per square foot of $18.33. This represents a significant value for a property of this size and functionality in a prime Detroit location. The property's single loading dock and convenient access points make it ideal for various distribution needs. This well-maintained building offers a solid foundation for a thriving business, making it an attractive prospect for investors seeking a strong return on investment in the Detroit industrial market. Don't miss this chance to acquire a well-positioned industrial asset in a rapidly growing area.

    Property Features for 8301 Lyndon St

    General Information

    Property type
    Distribution properties
    Square Feet
    27,000 SF
    Lot Size
    43,124 SF

    Building Details

    Year Built
    1946

    HighLights

    • 27,000 SF industrial building.
    • M4 zoning.
    • One interior truck well.
    • Five overhead doors.
    • 2,500 SF of office space.
    • 0.99‑acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    New Millenium Environmental Environmental Program

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.152253
    Latitude
    42.3946599

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    FAQs

    What type of property is this?
    Distribution property - 27,000 SF Warehouse, $495,000
    Where is this distribution property located?
    The property is located at 8301 Lyndon St Detroit, MI.
    What is the asking price?
    The asking price for this property is $495,000.
    What are key features of this property?
    This property features: 27,000 SF industrial building.; M4 zoning.; One interior truck well.
    Request Owner's contact information
    8301 Lyndon St Detroit, MI 48238
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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
    8301 Lyndon St Detroit, MI 48238
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