166 Victor Streeet Highland Park, MI 48203
This exceptional 6,000-square-foot warehouse at 166 Victor Street in Highland Park, Michigan, presents a rare opportunity for investors and businesses alike. Located in Wayne County, this single-story, 1969-built industrial property sits on a 0.18-acre lot and is zoned for industrial use. The building boasts a desirable clear span design, ensuring maximum usable space and flexibility. The 20-foot ceiling height provides ample vertical clearance for various storage and operational needs. Access is facilitated by one 14' x 14' grade-level loading dock door. The asking price is $330,000, translating to $55 per square foot of land value. While the main warehouse space totals 6,000 square feet, an additional 100 square feet of office space is included, providing a convenient area for administrative functions. The property is in good condition, making it immediately ready for occupancy. This is a unique opportunity to acquire a well-maintained, strategically located industrial warehouse in a desirable area. The property's size and features make it suitable for a variety of industrial uses. Don't miss this chance to own a prime piece of industrial real estate in Highland Park, MI, zip code 48203.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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