Property profile

5143 Bellevue St Detroit, MI 48211

OFF-MARKET
Manufacturing properties
Property ID
US43-1240828
34,650 SF 0.84 ac lot Built 1950
Entity Owned Free & Clear
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Property summary

AI-generated overview

This exceptional 35,099-square-foot industrial property, located at 5143 Bellevue St, Detroit, MI 48211, presents a significant investment opportunity. The building, situated in a desirable Detroit location, is zoned M4 and offers a versatile layout suitable for distribution, flex, or warehouse operations. Completely vacant, it boasts a clean interior and a recently renovated roof (2020, $225,000 investment). The property features two loading docks and five overhead doors (three currently bricked off), providing ample access for shipping and receiving. Ceiling heights range from 16 to 20 feet, with garage doors measuring 12 feet high and 12 feet wide. The building is equipped with three restrooms (two private, one employee), and updated heating (three giant tube heaters, 2021). Power is substantial, approximately 480v 3600 amp. Annual property taxes are approximately $30,000, and insurance is approximately $20,000 per year. All essential utilities—power, gas, and water—are readily available. The property underwent renovations in 2015 and is situated in a green zone-friendly district. This single-story building offers a rare combination of size, functionality, and location, making it an ideal choice for a variety of industrial businesses. The asking price is $1,250,000, translating to $35.61 per square foot.

Property profile

Verified
Property type Manufacturing properties
Use group HEAVY MANUFACTURING
Year built 1950
Total area 34,650 SF
Lot 0.84 ac (36,590 SF)
Zoning code M4
APN 15013239-41
UPID US43-1240828

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
  • Factory Production Facility

Location

5143 Bellevue St Detroit, MI 48211-3211
Detroit metro Census 519200 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$695k
Blend (final) Blend
$415k

Owner & transaction history

since 2026
7 recorded transactions
2026
$975,000
2026
Price N/A
2022
Price N/A
2021
Price N/A
2020
Price N/A
2015
$25,000
2015
Price N/A

Zoning & alternative use

M4 · Detroit, MI
Zoning description

ff. 5-28-2005) Sec. 50-7-4. - Industrial Districts. Industrial districts within the City are as follows: (1) M1 Limited Industrial District. (2) M2 Restricted Industrial District. (3) M3 General Industrial District. (4)…

General category INDUSTRIAL

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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