For Sale
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Property summary
This exceptional industrial property, located at 15200 N. Commerce Drive in Dearborn, Michigan, presents a significant opportunity. The single-story warehouse building encompasses 66,596 square feet, with approximately 10% dedicated to office space. Constructed in 1972, the building sits on a generous 5.82 acres of land, providing ample room for expansion or outdoor storage. The warehouse boasts a substantial 21-foot ceiling height, ideal for various industrial uses and high-volume storage. The property offers significant parking capacity with 365 spaces available for employees and visitors. Furthermore, the building is equipped with heavy power, catering to businesses with significant energy demands. The property's single-tenant occupancy provides stability and ease of management. Its strategic location in Dearborn, MI, zip code 48120, offers convenient access to major transportation routes and a skilled workforce. This property is an excellent investment for businesses seeking a functional and spacious warehouse in a prime location. The building's size, features, and location make it a highly desirable asset in the Dearborn industrial market.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
CT[1] ARTICLE 14.00 - B-A, LOCAL BUSINESS DISTRICT[1] ARTICLE 15.00 - B-B, COMMUNITY BUSINESS DISTRICT[1] ARTICLE 16.00 - B-C, GENERAL BUSINESS DISTRICT[1] ARTICLE 17.00 - B-D, DOWNTOWN BUSINESS DISTRICT ARTICLE 18.00 -…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
IA · Dearborn, MICT[1] ARTICLE 14.00 - B-A, LOCAL BUSINESS DISTRICT[1] ARTICLE 15.00 - B-B, COMMUNITY BUSINESS DISTRICT[1] ARTICLE 16.00 - B-C, GENERAL BUSINESS DISTRICT[1] ARTICLE 17.00 - B-D, DOWNTOWN BUSINESS DISTRICT ARTICLE 18.00 -…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
CT[1] ARTICLE 14.00 - B-A, LOCAL BUSINESS DISTRICT[1] ARTICLE 15.00 - B-B, COMMUNITY BUSINESS DISTRICT[1] ARTICLE 16.00 - B-C, GENERAL BUSINESS DISTRICT[1] ARTICLE 17.00 - B-D, DOWNTOWN BUSINESS DISTRICT ARTICLE 18.00 -…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for IA in Dearborn, MI.
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