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    5981 Warren Ave Detroit, MI 48210

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    For Sale
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    Massive Industrial Warehouse, Ideal for Multi-Tenant Use

    Property size:
    266,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This expansive 266,000-square-foot warehouse, situated on an 8.23-acre lot in Detroit, Michigan, presents a significant investment opportunity. Formerly a Coca-Cola facility, this property boasts an enviable location just one mile from the I-94 interchange, ensuring excellent accessibility. The building features 17 loading docks and 5 grade-level doors, facilitating efficient logistics. Inside, discover 20' to 26' clear ceiling heights, providing ample space for various industrial operations. Power is abundant, with 6 megawatts available. The property is fully gated and secured, offering peace of mind with ample trailer and employee parking. Multi-tenant options are readily available, ranging from 50,000 to 127,344 square feet. Additional features include a separate 5,000-square-foot truck maintenance building and 15,000 square feet of office space. A closed and gated 360-foot active CSX rail spur adds further logistical advantages. The property is zoned M4 – Intensive Industrial, and the PA198 tax incentive is available and transferable to a potential buyer. This exceptional warehouse offers a unique blend of size, location, and amenities, making it an ideal choice for a variety of industrial uses.

    Property Features for 5981 Warren Ave

    General Information

    Property type
    Distribution properties
    Square Feet
    266,000 SF
    Lot Size
    358,499 SF

    HighLights

    • Multi‑tenant options from 50,000 to 127,344 square feet.
    • 17 loading docks.
    • 5 grade‑level doors.
    • 20' to 26' clear ceiling heights.
    • 360‑foot active, gated CSX rail spur.
    • 6 megawatts of power.
    Property Profile Location Intelligence

    Current Use by Public Records

    Coca-Cola Bottling Co Vending Machine Supplier

    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
    -83.1255165
    Latitude
    42.3434077

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    FAQs

    What type of property is this?
    Distribution property - Massive Industrial Warehouse, Ideal for Multi-Tenant Use
    Where is this distribution property located?
    The property is located at 5981 Warren Ave Detroit, MI.
    What are key features of this property?
    This property features: Multi-tenant options from 50,000 to 127,344 square feet.; 17 loading docks.; 5 grade-level doors.
    Request Owner's contact information
    5981 Warren Ave 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
    5981 Warren Ave Detroit, MI 48210
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