8820 Lyndon St Detroit, MI 48238
- Auto shops
- 12,598 SF
- 0.33 lot acres
Current Use by Public Records
- Auto shops
Property Details for 8820 Lyndon St
- Year built
- 1946
- Lot size
- 0.33 lot acres
- Property size
- 12,598 SF
- Zone code
- M2
- Property type
- Auto shops
- APN
- 16005910-4
- APU
- 160059104
Description
This 12,600-square-foot industrial warehouse in Detroit, Michigan, is available for sale at $450,000 ($39.60/sq ft). Located at 8820 Lyndon St, 48238, this single-tenant, Class C property sits on a 0.33-acre lot and features four dock-high doors. Built in 1946, the warehouse boasts a spacious interior with 19' to 25' ceiling heights, ideal for various uses. The property includes four parking spaces and significant heavy-duty infrastructure: one 3-ton and two 5-ton cranes, two 12' x 6' overhead doors, and robust 400 amp, 220-volt, 3-phase power. The M2 zoning permits a wide range of industrial uses, including cannabis cultivation and processing. The building's construction is black and steel. This vacant property presents a unique opportunity for owner-users seeking a well-maintained space with substantial capacity.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $380,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $365,000
- 6.5%
- $420,000
- 7%
- $400,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $475,000
- Geo Method
- $430,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $460,000
- Retail
- $480,000
- Mixed-Use
- $425,000
- Hospitality
- $375,000
- Educational
- $380,000
- Residential Income
- $495,000
- Energy
- $485,000
- Income-Based Land
- $485,000
- Food Service
- $395,000
Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -83.1579
- Latitude
- 42.3955
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
