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

    525 Redman Rd Milan, MI 48160

    Sponsored
    For Sale
    $3,500,000

    79,830 SF Warehouse, 7 Acres, $3.5M

    Property size:
    79,830 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 79,830-square-foot warehouse, situated on a sprawling 7.05-acre lot in Milan, Michigan, presents a compelling investment opportunity. Built in 1962 and extensively renovated in 2023, the property boasts a versatile layout ideal for various industrial uses. The building features a generous 166 parking spaces, ensuring ample room for employees and visitors. Loading and unloading are efficient with two loading docks and seven overhead doors. The warehouse offers impressive ceiling heights ranging from 10 to 20 feet, providing ample vertical space for storage and operations. The property includes 5,696 square feet of office space, providing comfortable administrative areas. Power is robust, with 2,800 amps, 480 volts, and 3-phase service. Modernizations include the recent installation of new LED lighting, enhancing energy efficiency and brightness. The property is zoned for General Business/Industrial use, offering flexibility for a wide range of businesses. The property's address is 525 Redman Rd, Milan, MI 48160, and its APN is 53-030-003-00. This well-maintained and updated warehouse is ready for immediate occupancy and represents a significant opportunity in a desirable location.

    Property Features for 525 Redman Rd

    General Information

    Property type
    Distribution properties
    Square Feet
    79,830 SF
    Lot Size
    307,098 SF

    Building Details

    Year Built/Renovated
    1962/2023

    HighLights

    • 79,830 total square feet.
    • 5,696 square feet of office space.
    • 7.05‑acre lot.
    • Clear height: 10' - 20'.
    • Seven overhead doors and two loading docks.
    • 2,800 amps, 480 volts, 3‑phase power.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Milan
    County
    Monroe
    State
    Michigan
    Longitude
    -83.6965526
    Latitude
    42.0763734

    Nearby Comparable

    • $190,000
      3.50 Acres

      Milan Industrial Park Land - 3.5 Acres

      Prime 3.5-acre industrial lot in Milan, MI.
      320 Squires Dr, Milan, MI 48160
      View Details
    • $350,000
      4.90 Acres

      Milan Commercial Land - 4.9 Acres

      Prime Milan location, city utilities, high traffic.
      1 Redman Rd, Milan, MI 48160
      View Details
    • $70,000

      Vacant Land For Sale

      0.73 acres of vacant land with newer development nearby.
      0000 Goldfinch Park, Milan, MI 48160
      View Details
    • $1,300,000

      Milan, MI Development Opportunity

      47+/- acres with highway frontage in growing Milan, MI.
      1 E Main St, Milan, MI 48160
      View Details
    • $369,900

      Agricultural Land Near Milan, MI

      Land for sale near Milan, MI, with commercial potential.
      Oakville Waltz Rd, Milan, MI
      View Details
    • $541,000
      0.36 Acres

      Well-Maintained 6-Unit Building in Milan

      6-unit building with porch, close to shops and restaurants.
      141 County St, Milan, MI 48160
      View Details
    • $239,000
      0.20 Acres

      Milan Duplex with Garage

      Two-unit property near downtown Milan with a large yard.
      203 Hurd St, Milan, MI 48160
      View Details
    • $850,000
      Pending

      Development Land Ready to Build

      Prime development opportunity with approved blueprints and minimal site preparation.
      Crowe Rd, Milan, MI 48160
      View Details
    • $1,800,000
      52.00 Acres

      Milan Development Land: 52 Acres

      US-23 frontage, prime development opportunity.
      1 Main St, Milan, MI 48160
      View Details
    • $1,900,000

      Prime Commercial Land Near US-23

      18.53 acre commercial land parcel in Milan, Michigan.
      Arkona Rd, Milan, MI 48160
      View Details
    • New
      $1,900,000
      18.53 Acres

      Prime Commercial Land Near US-23

      18.53 acre commercial land parcel with US-23 visibility.
      Arkona Rd, Milan, MI 48160
      View Details
    • $2,000,000

      300 Acres of Land Available

      300 acres of land for sale in Milan and London.
      14700 Darling Rd, Milan, MI 48160
      View Details

    Nearby Similar for Sale

    • $541,000
      0.36 Acres

      Well-Maintained 6-Unit Building in Milan

      6-unit building with porch, close to shops and restaurants.
      141 County St, Milan, MI 48160
      View Details
    • $239,000
      0.20 Acres

      Milan Duplex with Garage

      Two-unit property near downtown Milan with a large yard.
      203 Hurd St, Milan, MI 48160
      View Details

    FAQs

    What type of property is this?
    Distribution property - 79,830 SF Warehouse, 7 Acres, $3.5M
    Where is this distribution property located?
    The property is located at 525 Redman Rd Milan, MI.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: 79,830 total square feet.; 5,696 square feet of office space.; 7.05-acre lot.
    Request Owner's contact information
    525 Redman Rd Milan, MI 48160
    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.
    525 Redman Rd
    Milan, MI 48160
    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
    525 Redman Rd Milan, MI 48160
    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.