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    13901 Joy Rd Detroit, MI 48228

    Sponsored
    For Lease
    $4 SF/Yr

    Massive Warehouse Space Available - 448,642 SF

    Lot size:
    448,642 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Class A industrial warehouse, located at 13901 Joy Road in Detroit, Michigan, presents a significant leasing opportunity. Boasting a substantial 448,642 square feet of space, this single-tenant building sits on a generous 20.83-acre lot. Originally constructed in 1952 and extensively renovated in 2018, the property offers modern amenities alongside its impressive size. The warehouse features high ceilings ranging from 16 to 18 feet, providing ample vertical space for storage and operations. Efficient loading and unloading are ensured with 54 loading docks and 3 dock-high doors. Ample parking is available for employees and visitors, with a total of 200 spaces provided. The property is zoned M-3, allowing for a variety of industrial uses. The building's location at the intersection of Joy Road and Schaefer Highway offers excellent access to major transportation routes, enhancing logistical efficiency. This prime location in Wayne County, with the APN 22032524-39, makes this warehouse an ideal choice for businesses seeking a large, well-maintained, and strategically located industrial space. The entire 448,642 square feet is currently available for lease. This is a rare opportunity to secure a significant footprint in a thriving industrial area.

    Property Features for 13901 Joy Rd

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    448,642 SF
    Class
    A
    Total Rate
    173848.78

    Building Details

    Year Built/Renovated
    1952/2018
    Buildings
    1

    Unit(s) available at that property

    Space
    Available Space
    Size
    448,642 SF
    Rate per SF
    $4

    HighLights

    • 448,642 SF building on ~20.83 acres
    • ~5,000 SF of office space
    • 54 exterior truck docks, including 3 grade‑level doors
    • 16'-18' clear height
    • New 277/480V, 4,000A electrical service (expandable to 6,000A)
    • ESFR fire suppression system
    Property Profile Location Intelligence

    Current Use by Public Records

    Focus: Hope Enterprises Warehouse Hollingsworth Logistics Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop 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
    -83.180586
    Latitude
    42.3566085

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    FAQs

    What type of property is this?
    Distribution property - Massive Warehouse Space Available - 448,642 SF
    Where is this distribution property located?
    The property is located at 13901 Joy Rd Detroit, MI.
    What is the lease rate?
    The lease rate is $4 SF/Yr.
    What are key features of this property?
    This property features: 448,642 SF building on ~20.83 acres; ~5,000 SF of office space; 54 exterior truck docks, including 3 grade-level doors
    Request Owner's contact information
    13901 Joy Rd Detroit, MI 48228
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    Detroit, MI 48228
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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
    13901 Joy Rd Detroit, MI 48228
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