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Property profile & analytics
OFF-MARKET Estimated value $1,085,000
Warehouses

10000 French Rd Detroit, MI 48213-1208

61,148 SF 2.12 ac lot Built 1943
Individually Owned 6-yr Hold Free & Clear
Property ID
US43-1615390
Property summary
AI-generated overview

This exceptional 65,000-square-foot warehouse, located at 10000 French Rd in Detroit, Michigan, presents a unique investment opportunity. Built in 1943, this single-story industrial property sits on a 2.11-acre lot and is zoned M-4 INDUSTRIAL. The building boasts a substantial 20' to 40' clear ceiling height, ideal for various industrial uses. Four grade-level loading docks ensure efficient loading and unloading operations. The property includes a valuable B & C Auto Salvage License and all associated equipment, adding significant value to the acquisition. Eight hoists are situated within a dedicated auto repair area. The warehouse also features a high-bay area, and ample space is provided by large front and back yards. The property is situated in a Green Zone. The asking price is $2,950,000, translating to $45.38 per square foot. The electrical service is 1000 AMPs at 480 Volts. Note that existing inventory is sold separately. This property offers a compelling combination of size, location, and included assets, making it an attractive prospect for a wide range of industrial businesses. The property's address is 10000 French Rd, Detroit, MI 48213.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1943
Total area 61,148 SF
Lot 2.12 ac (92,347 SF)
Zoning code M4
APN 17000737.
UPID US43-1615390
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Airport Auto Center Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.11M
Blend (final) Blend
$1.09M
Owner & transaction history
Hussein F Khalil · 6 yrs held
Hussein F Khalil
since 2019
1 recorded transaction
2019
Price N/A
Zoning & alternative use
M4 · Detroit, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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