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    12147 Globe St Livonia, MI 48150

    Sponsored
    For Sale
    $5,654,775

    53,855 SF Warehouse, Multi-Tenant

    Property size:
    53,855 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional industrial property, located in Livonia, Michigan's Southern I-275 Corridor, offers 53,855 square feet of warehouse space across a two-story building on a 2.42-acre lot. The property features two separate units: a 34,979 square foot unit with 24,321 square feet of warehouse space boasting 26-foot clear height, two 14' x 20' overhead doors, and 10,658 square feet of renovated office space immediately available; and an 18,876 square foot unit with 20-foot clear height, four loading docks, and two 14' x 16' overhead doors, available in the second quarter of 2026. The warehouse is fully air-conditioned and includes five cranes (one 30-ton, one 15-ton, three 7.5-ton, and two 5-ton). Ample parking is provided, along with a fenced rear lot ideal for additional storage or parking. The property is zoned for Light Industrial use and includes two loading docks and four dock-high doors. Built in 1969 and renovated in 2004, this multi-tenant warehouse is priced at $5,654,775 ($105 per square foot) and features 112 parking spaces. Parcel numbers are 115-05-0023-000; 115-02-0014-000; 115-02-0013-000. This is a NNN lease.

    Property Features for 12147 Globe St

    General Information

    Property type
    Distribution properties
    Square Feet
    53,855 SF
    Lot Size
    105,415 SF

    Building Details

    Year Built/Renovated
    1969/2004
    Buildings
    1
    Stories
    2

    HighLights

    • $5,654,775 asking price for 53,855 SF warehouse.
    • Located in the Southern I‑275 Corridor submarket of Livonia, MI.
    • Two units available: 34,979 SF (immediately available) and 18,876 SF (available Q2 2026).
    • Features include five cranes (30‑ton, 15‑ton, three 7.5‑ton, two 5‑ton), and fully air‑conditioned space.
    • Ample parking and fenced rear lot included.
    Property Profile Location Intelligence

    Current Use by Public Records

    Shinwon USA Auto Parts Manufacturer

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Livonia
    County
    Wayne
    State
    Michigan
    Longitude
    -83.410223
    Latitude
    42.37211

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    FAQs

    What type of property is this?
    Distribution property - 53,855 SF Warehouse, Multi-Tenant
    Where is this distribution property located?
    The property is located at 12147 Globe St Livonia, MI.
    What is the asking price?
    The asking price for this property is $5,654,775.
    What are key features of this property?
    This property features: $5,654,775 asking price for 53,855 SF warehouse.; Located in the Southern I-275 Corridor submarket of Livonia, MI.; Two units available: 34,979 SF (immediately available) and 18,876 SF (available Q2 2026).
    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
    12147 Globe St Livonia, MI 48150
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