Property profile

3900 Outer Dr Detroit, MI 48234

OFF-MARKET
Industrial land
Property ID
US43-2332154
8.25 ac lot
Entity Owned 10-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 8.2-acre site in Wayne County, Michigan, presents a unique opportunity for a build-to-suit industrial development. Located at 3900 Outer Drive, near the intersection of Outer Drive and Sherwood St, this single-tenant property offers unparalleled potential. The proposed 200,000 square foot warehouse will be a single-story structure, boasting impressive 32-foot clear heights, ensuring efficient use of space for various manufacturing, warehousing, or distribution needs. The building design incorporates 20 dock-high doors for seamless loading and unloading, along with ample trailer parking. Safety is prioritized with an ESFR fire suppression system. Furthermore, convenient rail service is provided by Conrail, offering an additional logistical advantage. The entire 200,000 square feet is currently vacant, making it ideal for immediate occupancy upon completion. This prime location offers excellent access to major transportation routes, making it an attractive option for businesses seeking efficient distribution networks. This build-to-suit opportunity allows for customization to meet specific operational requirements, creating a truly tailored industrial space.

Property profile

Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 8.25 ac (359,370 SF)
APN 15012145-82
UPID US43-2332154

Cap rate & NOI

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

Location

3900 Outer Dr Detroit, MI 48234-2937
Detroit metro Census 506200 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

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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