15100 2Nd Ave, Highland Park, MI 48203
For Sale
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This exceptional industrial property, located at 15100 2nd Avenue in Highland Park, Michigan, presents a unique investment opportunity. The 31,228-square-foot warehouse boasts versatile space, including 6,000 square feet of cooler space, 6,000 square feet of freezer space, and 3,500 square feet of cool area, in addition to 15,713 square feet of standard warehouse space. The building features a ceiling height ranging from 10 to 22 feet, providing ample vertical storage capacity. Loading is facilitated by one grade-level door and two truckwells. The property sits on nearly one acre of land, fully fenced, and the seller will provide additional parking. Power is supplied by a robust 1000-amp system. Strategically located within minutes of major expressways, this property benefits from convenient access to transportation networks. Adding to its appeal, the Greenway Development runs alongside the property. The property is zoned industrial and is offered at $1,000,000.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.