17236 Mt Elliott St, Detroit, MI 48212-1361
This 17,000 square foot industrial warehouse, built in 1984, is available for sale and lease. Located in Detroit, Michigan, this single-tenant property boasts a prime location, centrally situated between major freeways I-94, I-75, M-53 (Van Dyke Avenue), and M-102 (8 Mile Road). The building is currently in shell condition and zoned M4-Industrial, offering significant potential for various uses. Features include two overhead doors, three heavy-duty cranes, and a robust 1200-amp electrical service. Ceiling heights range from 12 to 24 feet, providing flexibility for diverse operational needs. Importantly, this property is situated in a designated "Green Zone," making it ideally suited for cannabis cultivation and processing businesses, in addition to general industrial or storage uses. Seller financing is available, presenting a compelling opportunity for qualified buyers. This is a rare chance to acquire a well-located, adaptable industrial space with significant upside potential.
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
M4 · Detroit, MIDetroit. Always verify with local authorities before improvements.
No recorded transactions found for this property.
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.