11975 Globe St, Livonia, MI 48150-1133
This exceptional 10,956-square-foot warehouse, located at 11975 Globe St in Livonia, Michigan, presents a compelling investment opportunity. Built in 1968, this single-story industrial property sits on M-1 zoned land in Wayne County, offering significant potential. The building features a 16-foot clear ceiling height, ideal for various industrial uses. Access is facilitated by two 12' x 14' grade-level loading doors. Inside, the space includes 1,776 square feet of office area, complemented by two 3-ton cranes for efficient material handling. Power is robust, with 2300 amps, 600 volts, and 3-phase electrical service. Exterior features include a fenced parking lot, ensuring security and convenience. The roof was recently replaced in 2021 with a Duro-Last system, backed by a 20-year warranty, minimizing future maintenance concerns. The asking price is $1,205,160, translating to $110 per square foot. This property represents a rare combination of functionality, location, and value in the thriving Livonia industrial market. The 48150 zip code offers excellent access to major transportation routes, further enhancing its appeal to a wide range of potential buyers. This is a turnkey opportunity for immediate occupancy and operation.
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Mid-West Screw Products Co. Industrial Manufacturer Factory
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.