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14225 Schaefer Hwy Detroit, MI 48227

Warehouses Google Maps
54,048 SF 1.75 ac lot Built 1950
Entity Owned Absentee Owner Free & Clear
Estimated value (blended)
$2.06M
Range $1.85M – $2.27M (±10%)
Property ID US43-1485478

Property summary

AI-generated overview

This 44,000-square-foot industrial building in Detroit, Michigan, is available for sale or lease. Situated on a 1.76-acre lot, this single-story structure boasts a 13-foot ceiling height and 600 amps of power. The property features nine suites, with a minimum divisible space of 20,000 square feet and a maximum contiguous space of 44,000 square feet. Currently, the entire 44,000 square feet is vacant. The building is zoned M4 and is ideally suited for various uses, including self-storage, warehousing, processing, manufacturing, commissary operations, trucking, and cannabis cultivation and processing (City of Detroit approved). Key features include a private fenced property, multiple units separated by firewalls, and a central location near major highways and downtown Detroit/Canada. The building has received special land use approval from the City of Detroit for cannabis cultivation and processing. This exceptional property presents a unique opportunity for a variety of businesses seeking a strategically located and versatile industrial space.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1950
Total area 54,048 SF
Lot 1.75 ac (76,230 SF)
Zoning code M4
APN 22030891.
UPID US43-1485478

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.20M
Blend (final) Blend
$2.06M

Owner & transaction history

since 2026
Last sale
$1.7M
5 recorded transactions
2026
Price N/A
2026
$500,000
2025
$330,000
2024
Price N/A
2023
$1.7M

Zoning & alternative use

M4 · Detroit, MI
Zoning description

ff. 5-28-2005) Sec. 50-7-4. - Industrial Districts. Industrial districts within the City are as follows: (1) M1 Limited Industrial District. (2) M2 Restricted Industrial District. (3) M3 General Industrial District. (4)…

General category INDUSTRIAL

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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