1000 Enterprise Dr Allen Park, MI 48101-3029
Property profile & analytics
1000 Enterprise Dr, Allen Park, MI 48101-3029
- Industrial land
- 0.24 lot acres
Property ID
US43-0868877
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Belle Tire Distribution Center / Auto Repair Shop
Property Details for 1000 Enterprise Dr
- Lot size
- 0.24 lot acres
- Zone code
- M 2
- Property type
- Industrial land
- APN
- 30 001 99 0011 000
- APU
- 30001990011000
Description
This exceptional Class A industrial distribution facility presents a compelling sale-leaseback opportunity. Located at 1000 Enterprise Dr, Allen Park, MI 48101, this 362,420-square-foot building sits on a 15.32-acre lot, offering unparalleled access to major highways I-94 and I-75. Recently renovated and expanded in 2024, the property boasts 26.5-foot clear heights, 32 dock-high doors, and ample parking (155 spaces). Currently 100% occupied by Belle Tire under a 15-year NNN lease with a 6.00% cap rate and a $2,808,755 NOI, this property offers a secure, long-term investment. The lease includes a 2.00% annual rent increase. The building is zoned M2 (Medium Industrial) and features modern amenities designed for efficient distribution. This is a mission-critical facility for Belle Tire, the largest tire retailer in Michigan, serving as its sole distribution center for over 180 retail locations. The $46,810,000 asking price translates to $129.16 per square foot. This is a rare opportunity to acquire a high-performing asset with a strong tenant and significant upside potential. The property's strategic location within the Midwest provides efficient distribution to a large customer base.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Allen Park
- County
- Wayne
- State
- Michigan
- Longitude
- -83.1861
- Latitude
- 42.2935
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$278
$0.00
$0.00
$4,500
-
$0.00
$0.00
$9,000
