24900 CapitolRedford Charter Township, MI 48239

Property Details for 24900 Capitol

Year built

1961

Lot size

3.71 AC

Property size (Sq ft)

41,762 SF

Property type

Industrial properties

Property subtype

Manufacturing properties

APN

79 036 02 0022 305

APU

79036020022305

Description

This exceptional 41,712-square-foot industrial property, located at 24900 Capitol in Redford Charter Township, Michigan, presents a compelling investment opportunity. The single-tenant, free-standing building sits on a 3.7-acre lot and is zoned IH (Heavy Industrial), offering significant flexibility for various uses. Constructed in 1967 with recent improvements, the structure features a block exterior and steel columns, ensuring durability and longevity. The property boasts 2 dock-high doors and 2 grade-level doors, facilitating efficient loading and unloading. Power is estimated at 2,000 amps at 277/480V. Currently utilized for manufacturing and distribution, this Class B building offers a substantial footprint for a variety of industrial or executive office needs. The asking price is $2,500,000. This property is ideal for businesses seeking a well-maintained, strategically located facility in Wayne County, MI, with easy access to major transportation routes. The single-tenant occupancy provides stability and potential for long-term growth. The property's size and zoning provide ample room for expansion or adaptation to suit specific business requirements. This is a rare opportunity to acquire a substantial industrial property in a desirable location.

• Alternative Use

  Use

  Valuation

  Residential

  $8,183,028

  Hospitality

  $7,495,610

  Educational

  $6,236,259

  Medical

  $6,450,734

  Retail

  $9,700,848

Location Insight

City

Redford

County

Wayne

State

Michigan

Latitude

42.3763

Longitude

-83.2842

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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