13575 Auburn St Detroit, MI 48223
This 8,500-square-foot industrial facility in Detroit, Michigan, presents a unique investment opportunity. Located at 13575 Auburn St, 48223, this Class C building boasts a single tenancy and is situated on a large fenced lot with ample parking. The property features high ceilings ranging from 14 to 23 feet, multiple overhead doors (six doors ranging from 12 to 15 feet), and a robust power supply of 2000 amps (240/480). The reinforced concrete flooring is ideal for heavy-duty applications, complemented by multiple cranes (eight cranes ranging from 1 to 10 tons) and chain falls. A mezzanine level provides additional space, and existing office and break room areas are in place. The building's former use as a tree service facility, combined with its "Green Zone" designation, makes it well-suited for cannabis cultivation and processing. However, its versatile design allows for various uses, including contractor yards, manufacturing, steel stamping, and auto or truck service centers. The property also offers potential for expansion, with the possibility of adding an additional 5,000 square feet. Seller financing may be considered with a substantial down payment. Complete cannabis cultivation blueprints are available. Terms are negotiable. The asking price is $795,000 ($93.53 per square foot).
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
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No recorded transactions found for this property.
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