20550 Hoover St, Detroit, MI 48205
For Sale
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This exceptional 27,500-square-foot freestanding industrial warehouse is available for lease in Detroit, Michigan. Situated on a 1.01-acre lot, this single-tenant property offers ample space for various industrial operations. The building boasts impressive ceiling heights ranging from 13 to 24 feet, providing significant vertical clearance for storage and equipment. Two loading docks ensure efficient loading and unloading of goods. The property is zoned M-3 General Industrial District, allowing for a wide range of permitted uses within Wayne County. The entire 27,500 square feet is currently vacant, presenting a unique opportunity for a business seeking a substantial and adaptable space. The address is 20550 Hoover St, Detroit, MI 48205. This location offers convenient access to major transportation routes, making it an attractive option for businesses needing efficient logistics. The property's size, features, and zoning make it a highly desirable asset for industrial tenants seeking a prominent presence in the Detroit market. Interested parties are encouraged to inquire for further details and leasing information.
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
M3 · Detroit, MIDetroit. Always verify with local authorities before improvements.
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.