Property profile

4204 Oakwood Blvd Melvindale, MI 48122

OFF-MARKET
Individual retail properties
Property ID
US43-4225119
12,400 SF 0.55 ac lot
Entity Owned Free & Clear
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Property summary

AI-generated overview

This exceptional 18,000-square-foot warehouse, situated on a 0.55-acre lot in Melvindale, Michigan, presents a significant opportunity for businesses seeking expansive space. The property is zoned commercial and located in Wayne County, offering convenient access to major transportation routes (specific details not provided). The building is classified as Industrial, Special Purpose, and functions as a single-tenant facility, perfect for a company needing ample room for storage, manufacturing, or distribution operations. The property features a total building area of 18,000 square feet, providing substantial space for various business needs. The 0.55-acre lot size offers ample room for expansion or additional outdoor storage. This property is available for a triple net lease, offering flexibility for potential tenants. Possession is scheduled for January 1st, 2025. The property's address is 4204 Oakwood Boulevard, Melvindale, MI 48122. This is a prime opportunity for businesses seeking a well-located, spacious warehouse in a thriving commercial area. The property's size and zoning make it suitable for a variety of industrial and manufacturing uses. Interested parties should act quickly to secure this exceptional property.

Property profile

Verified
Property type Individual retail properties
Use group DRY CLEANER
Total area 12,400 SF
Lot 0.55 ac (23,958 SF)
Zoning code R1 1 FA
APN 47 009 03 0904 001
UPID US43-4225119

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store

Location

4204 Oakwood Blvd Melvindale, MI 48122-1410
Melvindale metro Census 578500 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

since 2023
Last sale
$250,000
1 recorded transaction
2023
$250,000

Zoning & alternative use

R1 1 FA · Melvindale, MI

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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