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Property profile & analytics

20524 Inkster Rd Redford Charter Township, MI 48240

  • Warehouses
  • 7,377 SF
  • 1.25 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Warehouses

Property Details for 20524 Inkster Rd

Year built
1962
Lot size
1.25 lot acres
Property size
7,377 SF
Property type
Warehouses
Property subtype
Industrial properties

Description

This exceptional investment opportunity presents a two-building industrial complex totaling 21,542 square feet situated on a 1.25-acre fenced lot in Redford Charter Township, Michigan. The property, located at 20516, 20524, 20536, and 20540 Inkster Road, features two single-story buildings constructed in 1962 and renovated in 2007. The first building, directly on Inkster Road, offers 7,377 square feet with one overhead door. The second building, located behind the first, comprises 14,075 square feet and boasts three overhead doors in the front and one on the south side. The property provides ample parking for 100 vehicles and a fenced yard ideal for outside storage or trailer parking. Ceiling heights range from 10 to 24 feet. The property is zoned for industrial use and includes four loading docks. Seller financing is available. This Class B multi-tenant property is currently vacant, offering significant potential for owner-users or investors. The asking price is $1,425,000, translating to $90.90 per square foot. This prime location, just south of Eight Mile Road in an established industrial area, offers easy access to major transportation routes. The property's features, including multiple overhead doors, high ceilings, and ample parking, make it an attractive option for a variety of industrial uses.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Redford Charter Township
County
Wayne
State
Michigan
Longitude
-83.3163
Latitude
42.4407
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