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Property profile & analytics
FOR LEASE
Manufacturing properties

3401 Martin St Detroit, MI 48210

170,953 SF 10.66 ac lot Built 1960
Entity Owned 10-yr Hold Absentee Owner Free & Clear
Property ID
US43-0877241
3401 Martin St, Detroit, MI 48210 For Lease
$3,485,000
3401 Martin St, Detroit, MI 48210
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Property summary
AI-generated overview

This exceptional Detroit industrial property, located at 3401 Martin St, 48210, offers a unique opportunity for businesses seeking flexible warehouse and/or manufacturing space. Situated on an expansive 11.58-acre fully fenced lot, this Class C property boasts significant advantages. The building features a versatile layout with multiple tenancy options, accommodating businesses of varying sizes, from 10,000 square feet to a substantial 170,000 square feet. The high ceilings, ranging from 10 to 16 feet, provide ample vertical space for storage and operations. Efficient loading and unloading are ensured by the presence of four loading docks and four drive-in doors. Heavy equipment needs are addressed by an installed 3-ton crane. The property's M-4 zoning allows for a wide range of industrial uses. Furthermore, the strategic location in Detroit, Michigan, offers convenient access to major transportation routes and a skilled workforce. On-site rail access adds another layer of logistical efficiency for businesses requiring rail transport. This property presents a compelling investment opportunity for companies seeking a well-equipped, strategically located industrial space in a thriving urban center. Contact us today to schedule a viewing and explore the possibilities.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1960
Total area 170,953 SF
Lot 10.66 ac (464,350 SF)
Zoning code M4
APN 18001561-4
UPID US43-0877241
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.43M
Blend (final) Blend
$3.49M
Owner & transaction history
3401 Martin Properties LLC · 10 yrs held
3401 Martin Properties LLC
since 2016
3 recorded transactions
2022
Price N/A
2016
$225,000
2015
Price N/A
Zoning & alternative use
M4 · Detroit, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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