Property summary
This exceptional 53,906-square-foot industrial building is ideally situated in Dearborn, Michigan's prestigious Commerce Park, offering immediate occupancy. The property boasts a prime location with easy access to I-94 and M-39 expressways, ensuring efficient transportation and logistics. Constructed in 1987, this freestanding structure features a desirable IA zoning permit and sits on a generous 4.25-acre lot. The building includes 6,300 square feet of air-conditioned office space, complemented by a spacious warehouse area with an impressive 18-foot clear ceiling height. Loading and unloading are facilitated by four dock-high doors and four truckwells, enhancing operational efficiency. Ample parking is provided with 88 spaces. The property also benefits from an extraordinary amount of power and bus lines, making it suitable for a variety of manufacturing and distribution operations. Additional features include one 10'x12' and one 12'x14' grade-level door. The APN is 82-10-194-02-008. This is a rare opportunity to acquire a well-maintained, strategically located industrial property with significant operational advantages. The asking price is $4,295,000.
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
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Value estimation
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from $99/month
Cap rate
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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 -…
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