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    8747 Lyndon St Detroit, MI 48238

    For Sale
    $299,000

    Free-standing warehouse, ideal for various uses.

    Property size:
    2,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional 2,800-square-foot free-standing warehouse, located at 8747 Lyndon Street in Detroit, Michigan, presents a compelling investment opportunity. Built in 1947 and situated on a lot with street parking, this property boasts a newly installed roof complete with a warranty, ensuring years of worry-free operation. The warehouse features a 14-foot ceiling height, providing ample vertical space for storage or operations. Access is facilitated by one 10x8 grade-level loading door. The property is zoned M-4, offering flexibility for a range of industrial uses. Inside, the warehouse is equipped with 220-volt, 3-phase power, catering to diverse operational needs. Priced at $299,000 ($106.79 per square foot), this property offers a strong return on investment. The lease rate is $4,000 per month, triple net (NNN). The property is available for immediate occupancy, making it an attractive option for businesses seeking a ready-to-use space in a prime Detroit location. The Wayne County address is 8747 Lyndon St, Detroit, MI 48238.

    Property Features for 8747 Lyndon St

    General Information

    Property type
    Individual retail properties
    Square Feet
    2,800 SF

    Building Details

    Year Built
    1947

    HighLights

    • 2,800 square feet available
    • 14' clear height
    • One 10x8 grade‑level loading door
    • M‑4 zoning
    • Street parking
    • Brand new roof with warranty
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Freestanding property

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.156916
    Latitude
    42.394978

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    FAQs

    What type of property is this?
    Individual retail property - Free-standing warehouse, ideal for various uses.
    Where is this individual retail property located?
    The property is located at 8747 Lyndon St Detroit, MI.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: 2,800 square feet available; 14' clear height; One 10x8 grade-level loading door
    Request Owner's contact information
    8747 Lyndon St Detroit, MI 48238
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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
    8747 Lyndon St Detroit, MI 48238
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