20524 Inkster Rd Redford Charter Township, MI 48240
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.
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.