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    3700 Central St Detroit, MI 48210

    For Sale
    $949,000

    14,491 SF Warehouse - $949,000

    Property size:
    14,491 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 14,491-square-foot industrial distribution center is strategically located at 3700 Central St, Detroit, MI 48210, within Wayne County's M4 - Intensive Industrial District. The single-story building sits on a 0.85-acre lot and offers significant operational advantages. Featuring two loading docks and two dock-high doors, this property is perfectly suited for efficient distribution operations. The 12-foot ceiling height provides ample clearance for storage and maneuvering of goods. Currently used for retail, the versatile M4 zoning allows for a wide range of uses, including a potential truck terminal. A portion of the building's foundation is above grade, facilitating seamless distribution workflows. The asking price for this well-positioned Detroit property is $949,000. This presents a compelling opportunity for businesses seeking a functional and adaptable industrial space in a prime location. The property's size, zoning, and features make it an ideal choice for various industrial and distribution needs. Its convenient location within Detroit offers easy access to major transportation routes, further enhancing its logistical appeal. This is a rare opportunity to acquire a well-maintained and strategically located industrial building in a thriving market.

    Property Features for 3700 Central St

    General Information

    Property type
    Distribution properties
    Square Feet
    14,491 SF
    Lot Size
    37,026 SF

    Building Details

    Buildings
    1
    Stories
    1

    HighLights

    • $949,000 asking price for this Detroit industrial building.
    • 14,491 square foot industrial distribution building.
    • Single‑story building on a 0.85‑acre lot in Wayne County, Michigan.
    • M4 Intensive Industrial District zoning.
    • Two loading docks with two dock‑high doors.
    • 12‑foot ceiling height.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Tacos El Primo Mexican Restaurant Home deals Home Goods Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.1317221
    Latitude
    42.3239371

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    FAQs

    What type of property is this?
    Distribution property - 14,491 SF Warehouse - $949,000
    Where is this distribution property located?
    The property is located at 3700 Central St Detroit, MI.
    What is the asking price?
    The asking price for this property is $949,000.
    What are key features of this property?
    This property features: $949,000 asking price for this Detroit industrial building.; 14,491 square foot industrial distribution building.; Single-story building on a 0.85-acre lot in Wayne County, Michigan.
    Request Owner's contact information
    3700 Central St Detroit, MI 48210
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    Detroit, MI 48210
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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
    3700 Central St Detroit, MI 48210
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