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    10421 Ford Rd Dearborn, MI 48126

    For Sale
    $6,900,000

    37,786 SF Warehouse, Excellent Location

    Property size:
    37,786 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 37,786-square-foot warehouse in Dearborn, Michigan, is available for sale at $6,900,000 ($182.61/sq ft). Strategically located near I-94 and Michigan Avenue, this property offers unparalleled access to major transportation routes, placing it within easy reach of Truck City, the Ford Rouge Plant, and the Canadian border. The warehouse boasts a 26-foot clear ceiling height, providing ample vertical space for storage and operations. Loading and unloading are facilitated by two 12' x 14' grade-level doors and two truckwells. A significant portion of the building, 4,000 square feet, is comprised of a load-bearing mezzanine, offering additional storage or office space. A 1,500-square-foot office area is also available for lease, along with 25,500 square feet of warehouse space. The lease rate is $6.70/sq ft NNN, with an additional $2.45/sq ft for NNN expenses. A one-month security deposit is required for lease tenants. This property presents a compelling investment opportunity in a prime industrial location with excellent access to major transportation arteries and significant industrial employers. The property is situated in Wayne County, Michigan, with the address 10421 Ford Rd, zip code 48126.

    Property Features for 10421 Ford Rd

    General Information

    Property type
    Distribution properties
    Square Feet
    37,786 SF

    HighLights

    • 37,786 SF warehouse for sale at $6,900,000 ($182.61/SF).
    • 25,500 SF available for lease.
    • 1,500 SF office space for lease.
    • 26' clear height.
    • Two 12' x 14' grade‑level doors and two truckwells.
    • 4,000 SF load‑bearing mezzanine.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    A1- Performance Truck ... Truck Repair Shop Peak Performance Truck ... Truck Parts Supplier A1 TRUCK & TRAILER ... Truck Repair Shop Galaxy Freight, LLC Trucking Company Liberty Transportation LLC Trucking Company

    Suggested Use

    Realty agency Law Firm Restaurant 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
    Dearborn
    County
    Wayne
    State
    Michigan
    Longitude
    -83.1619689
    Latitude
    42.3288082

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    FAQs

    What type of property is this?
    Distribution property - 37,786 SF Warehouse, Excellent Location
    Where is this distribution property located?
    The property is located at 10421 Ford Rd Dearborn, MI.
    What is the asking price?
    The asking price for this property is $6,900,000.
    What are key features of this property?
    This property features: 37,786 SF warehouse for sale at $6,900,000 ($182.61/SF).; 25,500 SF available for lease.; 1,500 SF office space for lease.
    Request Owner's contact information
    10421 Ford Rd Dearborn, MI 48126
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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
    10421 Ford Rd Dearborn, MI 48126
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