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    481 Beaufait St Detroit, MI 48207

    Sponsored
    For Lease
    $6 SF/Yr ($10,200 /Mo)

    Spacious Detroit warehouse, ideal for industrial use.

    Lot size:
    20,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 20,400-square-foot warehouse, located at 481 Beaufait Street in Detroit, Michigan, presents a significant opportunity for industrial businesses. The property boasts a single-tenant occupancy, offering complete control and flexibility to the new owner. The warehouse features impressive ceiling heights ranging from 12 to 16 feet, providing ample vertical space for storage and operations. Power is supplied by a robust 220-volt system, ensuring sufficient capacity for various industrial equipment. The property is zoned SD4 within Wayne County, offering potential for a variety of uses subject to local regulations. The entire 20,400 square feet is currently vacant, allowing for immediate occupancy and customization to suit specific business needs. The building's location in Detroit, Michigan, zip code 48207, provides convenient access to major transportation routes and a skilled workforce. This is a rare opportunity to acquire a substantial, well-located industrial warehouse in a thriving urban area. The property's size, features, and zoning make it an attractive investment for businesses seeking a significant footprint in the Detroit market. Interested parties are encouraged to conduct their own due diligence to verify all aspects of the property and its suitability for their intended use.

    Property Features for 481 Beaufait St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    20,400 SF
    Total Rate
    10200

    Unit(s) available at that property

    Space
    Available Space
    Size
    20,400 SF
    Rate per SF
    $6

    HighLights

    • 20,400 square feet available for lease.
    • 400 square feet of office space.
    • 12' - 16' clear ceiling height.
    • Two 12x12 grade‑level doors and one truck well.
    • SD4 zoning.
    • Ample parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Production Tube Co Manufacturer

    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
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.0084841
    Latitude
    42.3456859

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    FAQs

    What type of property is this?
    Distribution property - Spacious Detroit warehouse, ideal for industrial use.
    Where is this distribution property located?
    The property is located at 481 Beaufait St Detroit, MI.
    What is the lease rate?
    The lease rate is $6 SF/Yr.
    What are key features of this property?
    This property features: 20,400 square feet available for lease.; 400 square feet of office space.; 12' - 16' clear ceiling height.
    Request Owner's contact information
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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
    481 Beaufait St Detroit, MI 48207
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