26325-26341 8 Mile Rd Redford Charter Township, MI 48240
This exceptional light industrial warehouse, located at 26325-26341 8 Mile Rd in Redford Charter Township, Michigan, 48240, presents a compelling investment opportunity. Boasting 2,500-5,000 square feet of well-maintained space, the property features an attractive showroom with an exposed vaulted ceiling, perfect for showcasing products or services. The building includes ample office space and two ADA-compliant restrooms, one equipped with a shower. Functionality is enhanced by two 10x10 overhead doors, 220V electric service, and two 5-ton HVAC units. Parking is readily available with eight spaces behind the building, supplemented by additional city street parking on a first-come, first-served basis. The property is zoned M-1 Light Industrial and benefits from a new roof with a transferable warranty. The 2019 property taxes were $7,388.27. High visibility on 8 Mile Road ensures excellent exposure for your business. This meticulously maintained building offers a blend of functionality and aesthetic appeal, making it an ideal choice for a variety of industrial uses. The asking price is $248,000.
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
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.