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    19250 John R St Highland Park, MI 48203

    Sponsored
    For Sale
    $550,000

    Spacious warehouse, ideal for manufacturing.

    Property size:
    20,157 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 20,157-square-foot industrial property, located at 19250 John R Street in Detroit, Michigan (zip code 48203), presents a compelling investment opportunity. Priced at $550,000 ($27.28/sq ft), this vacant building offers significant potential for various manufacturing and warehousing operations. The property boasts a flexible layout suitable for diverse industrial uses, zoned M4 for intensive industrial purposes. High ceilings, ranging from 15 to 30 feet, provide ample vertical space for storage and operations. The building features three cranes with varying capacities (15-ton, 7.5-ton, and 2.5-ton), enhancing operational efficiency. A significant advantage is the inclusion of newly renovated office space, providing comfortable administrative areas. Furthermore, the property includes a half-acre gated parking lot, ensuring secure vehicle access and storage. This stand-alone, single-tenant building offers a rare opportunity to acquire a well-equipped industrial space in a strategic Detroit location. The property is situated in Wayne County and is readily accessible via major transportation routes. This is a turnkey solution for businesses seeking a functional and well-maintained industrial facility.

    Property Features for 19250 John R St

    General Information

    Property type
    Distribution properties
    Square Feet
    20,157 SF

    HighLights

    • Free‑standing single‑tenant industrial building.
    • M4 Intensive Industrial zoning.
    • Three cranes (15‑ton, 7.5‑ton, and 2.5‑ton capacity).
    • 15‑30 foot clear ceiling heights.
    • New office space.
    • Half‑acre gated parking lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Highland Park
    County
    Wayne
    State
    Michigan
    Longitude
    -83.1021432
    Latitude
    42.4344671

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    FAQs

    What type of property is this?
    Distribution property - Spacious warehouse, ideal for manufacturing.
    Where is this distribution property located?
    The property is located at 19250 John R St Highland Park, MI.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: Free-standing single-tenant industrial building.; M4 Intensive Industrial zoning.; Three cranes (15-ton, 7.5-ton, and 2.5-ton capacity).
    Request Owner's contact information
    19250 John R St Highland Park, MI 48203
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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
    19250 John R St Highland Park, MI 48203
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