Property profile

1925 Clay St Detroit, MI 48211

OFF-MARKET
Other warehouses
Property ID
US43-1100060
63,536 SF 1.82 ac lot Built 1945
Entity Owned 6-yr Hold Free & Clear
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Property summary

AI-generated overview

An 87,552-square-foot two-story warehouse and manufacturing facility sits on approximately 6.5 acres within an Opportunity Zone, about half a mile from I-75 and I-94. The property comprises five parcels (including 1925, 1975, and 1966 Clay Street, plus 7850 Morrow Street and 7881 Saint Aubin Street) and is positioned in a secured area with 24-hour security. With 30 feet of clear height, the facility includes four heavy-duty overhead cranes—two 15-ton cranes and two 30-ton cranes—with a 40-foot span, along with three drive-in doors that are each 14 feet wide and 16 feet high. The building received significant upgrades in 2021, including a roof replacement, door upgrades, and abatement, and it features a 4,000-amp electrical service. The property is zoned M4 for industrial use and is suitable for manufacturing and warehouse operations, and it is located directly across from GM Factory Zero near major automotive facilities including GM Poletown and FCA Jefferson Jeep Assembly.

Property profile

Verified
Property type Other warehouses
Use group WAREHOUSE, STORAGE
Year built 1945
Total area 63,536 SF
Lot 1.82 ac (79,279 SF)
Zoning code M4
APN 09003525.002
UPID US43-1100060

Cap rate & NOI

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

Location

1925 Clay St Detroit, MI 48211-1917
Detroit metro Census 985100 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.67M
Blend (final) Blend
$980k

Owner & transaction history

since 2020
Last sale
$878,800
3 recorded transactions
2020
$878,800
2017
$465,000
2013
$775,000

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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