Property summary
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
VerifiedCap rate & NOI
Current use
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Factory Production Facility
Location
Value estimations
Owner & transaction history
Zoning & alternative use
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)…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
M4 · Detroit, MIff. 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)…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
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)…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for M4 in Detroit, MI.
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