834-932 Clairpointe Ave Detroit, MI 48215
This exceptional 33,000-square-foot warehouse, situated on a 1.33-acre lot in Detroit, Michigan (48215), presents a compelling owner-user opportunity. Built in 1970, the property boasts a 25-foot clear ceiling height, ideal for various industrial uses. The building features two 12x14 grade-level dock high doors, facilitating efficient loading and unloading. Zoned M-2, Restricted Industrial, this property offers flexibility for a range of businesses. Currently used for boat storage, the warehouse includes approximately 1,000 square feet of office space. Its strategic location in the Jefferson/Conner area provides easy access to I-94, placing businesses within close proximity to the Jeep Assembly plant and just-in-time trucking routes. The property also offers potential for outside storage. Note that roof repair materials are currently on-site. The asking price is $1,100,000, translating to $33.33 per square foot. This represents a strong value proposition for businesses seeking a well-located, functional warehouse in a thriving industrial area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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