12357 8 Mile Rd, Detroit, MI 48089
This exceptional commercial property, located at 12357 E 8 Mile Road in Warren, Michigan, 48089, presents a rare industrial opportunity. Boasting 22,000 square feet on a nearly one-acre lot (43,135 sqft), this property offers significant advantages for businesses seeking high visibility and ample space. The building features over 15-foot ceilings, providing versatile space for various operations. Key features include three fenced-in parking lots, enhancing security and convenience. The property also benefits from a robust infrastructure, including a steel rail system with a 500-pound capacity per rail, three spray booths, two high-low lifts (8,000-9,000 pound capacity), a building air compressor, two cranes, and three 15-foot overhead doors. A comprehensive surveillance system ensures security. The property's location on E 8 Mile Road provides 327 feet of road frontage, maximizing visibility in a high-traffic commercial corridor. This property is zoned for commercial/industrial use, making it ideal for businesses requiring significant space and specialized equipment. The asking price is $3,500,000. This is a unique opportunity to acquire a well-equipped industrial property in a prime location.
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.