Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    12 Forest Ave Ypsilanti, MI 48198

    Sponsored
    For Lease
    $2 SF/Yr ($13,503 /Mo)

    58,925 SF Warehouse, Prime Location

    Lot size:
    58,925 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 58,925-square-foot industrial property presents a significant redevelopment opportunity in Ypsilanti, Michigan. Located at 12 E Forest Ave, this single-story warehouse boasts three loading docks and three dock-high doors, offering versatile space suitable for various manufacturing, distribution, or warehouse uses. Situated on 2.56 acres of land in the Depot Town submarket, this property benefits from a strategic location near the vibrant heart of Ypsilanti's revitalized Depot Town, offering high visibility and convenient access to Michigan Avenue and I-94. The property's proximity to the soon-to-be-redesigned Freighthouse Plaza further enhances its appeal and accessibility, promising significant growth potential. The zoning is PMD (Production, Manufacturing, Distribution), and the property features a convenient address on N Huron River Drive, with a cross street of Market Pl. The property's location in Washtenaw County, with an APN of 11-99-03-304-550 and zip code 48198, offers easy access to major transportation routes and a thriving local economy. This is an unparalleled chance to secure a substantial industrial space in a rapidly developing area. The entire 58,925 square feet is currently vacant, providing immediate occupancy.

    Property Features for 12 Forest Ave

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    58,925 SF
    Total Rate
    13503.65

    Building Details

    Stories
    1

    Unit(s) available at that property

    Space
    Size
    58,925 SF
    Rate per SF
    $2

    HighLights

    • Historic Depot Town, Ypsilanti location.
    • Versatile 58,925 SF building.
    • Walkable to restaurants and retail.
    • Across from Freighthouse Plaza, high visibility.
    • Excellent access to Michigan Ave and I‑94.
    • Three loading docks.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Ypsilanti
    County
    Washtenaw
    State
    Michigan
    Longitude
    -83.6111515
    Latitude
    42.2490108

    Nearby Similar for Lease

    • $1,750 /Mo
      1,500 SF

      Ypsilanti Office Space Available

      Office space for medical, wellness, accounting, or professional services.
      740 Emerick St, Ypsilanti, MI 48198
      View Details
    • $1,250 /Mo
      1,000 SF

      Ypsilanti Office Space Available

      Flexible office space ideal for medical or professional services.
      740 Emerick St, Ypsilanti, MI 48198
      View Details
    • $14 SF/Yr
      4,500 SF

      Ypsilanti Office Space Available

      4,500 square foot office space for lease in Ypsilanti.
      105 Pearl St, Ypsilanti, MI 48197
      View Details
    • $11,520 /Mo
      10,800 SF

      Versatile Industrial/Retail Space in Ypsilanti

      10,800 sq ft building suitable for industrial and retail uses.
      265 S Harris Rd, Ypsilanti, MI 48198
      View Details
    • $6,783 /Mo
      10,000 SF

      Renovated Flex Space in Ypsilanti

      5,500 SF flex space with warehouse and office areas.
      265 S Harris - Bldg B Rd, Ypsilanti, MI 48198
      View Details
    • $815 /Mo
      32,040 SF

      Ypsilanti Office Space For Rent

      Office space in historic downtown Ypsilanti with natural sunlight.
      124 Pearl St E, Ypsilanti, MI 48197
      View Details
    • $16 SF/Yr
      7,700 SF

      Renovated Retail/Office Space in Ypsilanti

      Renovated commercial space with high ceilings in historic downtown Ypsilanti.
      50 N Huron St, Ypsilanti, MI 48197
      View Details
    • $534 /Mo
      10,000 SF

      Renovated Office Suite in Ypsilanti

      Recently renovated office suite for lease near Willow Run Airport.
      265 S Harris Rd, Ypsilanti, MI 48198
      View Details
    • $10 SF/Yr
      7,865 SF

      Ypsilanti Office Space Available

      Office property available for lease in Ypsilanti, Michigan.
      2287 Ellsworth Rd, Ypsilanti, MI 48197
      View Details
    • $2,100 /Mo
      32,040 SF

      Office Space in Historic Downtown

      Office space with natural light, private bathroom, and kitchenette.
      124 Pearl St E, Ypsilanti, MI 48197
      View Details
    • $500 /Mo
      32,040 SF

      Ypsilanti Office Space For Rent

      Office space in historic downtown Ypsilanti with parking.
      124 Pearl St E, Ypsilanti, MI 48197
      View Details
    • $1,100 /Mo

      Downtown Storefront in Ypsilanti

      Prime commercial space in a high-traffic downtown location.
      12 S Huron St, Ypsilanti, MI 48197
      View Details

    FAQs

    What type of property is this?
    Distribution property - 58,925 SF Warehouse, Prime Location
    Where is this distribution property located?
    The property is located at 12 Forest Ave Ypsilanti, MI.
    What is the lease rate?
    The lease rate is $2 SF/Yr.
    What are key features of this property?
    This property features: Historic Depot Town, Ypsilanti location.; Versatile 58,925 SF building.; Walkable to restaurants and retail.
    Request Owner's contact information
    12 Forest Ave Ypsilanti, MI 48198
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    12 Forest Ave
    Ypsilanti, MI 48198
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    12 Forest Ave Ypsilanti, MI 48198
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.