Property profile

12891 Mt Elliott St Hamtramck, MI 48212

OFF-MARKET
Industrial properties
Property ID
US43-0318163
52,024 SF 1.99 ac lot Built 1956
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 52,024 square foot industrial warehouse, situated on a generous 1.99-acre lot in Hamtramck, Michigan, presents a compelling investment opportunity. Built in 1956, the property boasts a versatile M-2 Restricted Industrial zoning designation. The building features six loading docks, including one 10'x11', one 9'x9', and four 12'x14' grade-level doors, enhancing operational efficiency. Two exterior truckwells, conveniently located at opposite ends of the structure, further optimize logistics. The warehouse offers a substantial clear height ranging from 13 to 16 feet, providing ample vertical space for storage and operations. The property includes a secure fence encompassing two separate lots, offering additional outdoor storage capacity. The building is equipped with 440v, 3-phase power, catering to a variety of industrial needs. The asking price is $1,050,000. The property's address is 12891 Mt Elliott St, Hamtramck, MI 48212, with APN 13006971-82. This property is ideal for businesses seeking a well-maintained, spacious warehouse with excellent access and ample outdoor storage in a prime industrial location.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1956
Total area 52,024 SF
Lot 1.99 ac (86,684 SF)
Zoning code M2
APN 13006971-82
UPID US43-0318163

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

12891 Mt Elliott St Hamtramck, MI 48212-2533
Hamtramck metro Census 511300 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.65M
Blend (final) Blend
$1.22M

Owner & transaction history

since 2025
Last sale
$780,000
5 recorded transactions
2025
Price N/A
2025
$780,000
2012
$75,000
2009
Price N/A
2009
$399,000

Zoning & alternative use

M2 · Hamtramck, MI

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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