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    FOR LEASE
    Manufacturing properties

    481 Beaufait St, Detroit, MI 48207

    20,544 SF 0.47 ac lot Built 1921
    Entity Owned 3-yr Hold Absentee Owner Free & Clear
    Property ID
    US43-0026518
    Property summary
    AI-generated overview

    This exceptional 20,400-square-foot warehouse, located at 481 Beaufait Street in Detroit, Michigan, presents a significant opportunity for industrial businesses. The property boasts a single-tenant occupancy, offering complete control and flexibility to the new owner. The warehouse features impressive ceiling heights ranging from 12 to 16 feet, providing ample vertical space for storage and operations. Power is supplied by a robust 220-volt system, ensuring sufficient capacity for various industrial equipment. The property is zoned SD4 within Wayne County, offering potential for a variety of uses subject to local regulations. The entire 20,400 square feet is currently vacant, allowing for immediate occupancy and customization to suit specific business needs. The building's location in Detroit, Michigan, zip code 48207, provides convenient access to major transportation routes and a skilled workforce. This is a rare opportunity to acquire a substantial, well-located industrial warehouse in a thriving urban area. The property's size, features, and zoning make it an attractive investment for businesses seeking a significant footprint in the Detroit market. Interested parties are encouraged to conduct their own due diligence to verify all aspects of the property and its suitability for their intended use.

    Property profile
    Verified
    Property type Manufacturing properties
    Use group MANUFACTURING (LIGHT)
    Year built 1921
    Total area 20,544 SF
    Lot 0.47 ac (20,473 SF)
    Zoning code SD4
    APN 15013416.
    UPID US43-0026518
    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
    Current use
    Occupant on record · Public records
    • Production Tube Co Industrial Manufacturer Production Facility
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    481 Beaufait LLC · 3 yrs held
    481 Beaufait LLC
    since 2023
    3 recorded transactions
    2023
    2022
    2016
    Zoning & alternative use
    SD4 · Detroit, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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