Property profile

5431 Davison St Hamtramck, MI 48212

FOR SALE
Warehouses
Property ID
US43-1747921
11,456 SF 0.36 ac lot Built 1977
Entity Owned 13-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This 11,456-square-foot warehouse, located at 5419 E Davison St in Hamtramck, Michigan, presents a compelling owner-user opportunity. Situated on a 0.48-acre lot (with an additional 0.08-acre secure lot across the street), this industrial property boasts a 9-year-old roof and features 14'-16' clear ceiling heights. The building, zoned B-4, has served as a successful BMW repair facility and machine shop for over 25 years under the same ownership. The property includes three car lifts and radiant heat, enhancing its functionality. Access is provided by three grade-level doors: two measuring 12x12 feet and one measuring 14x14 feet, located at the front, side, and rear of the building. Electrical service includes 600 AMP (with capacity for expansion), 240V, and 3-phase power. The asking price is $650,000, and existing equipment is available for separate purchase. This property offers a rare combination of size, location, and established operational history, making it an attractive investment for a variety of industrial uses. The Wayne County property is identified by APN numbers 13007640-9 and 13007447. The property's address is 5419 E Davison St, Detroit, MI 48212.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1977
Total area 11,456 SF
Lot 0.36 ac (15,682 SF)
Zoning code B4
APN 13007640-9
UPID US43-1747921

Cap rate & NOI

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

Location

5431 Davison St Hamtramck, MI 48212
Hamtramck metro Census 506400 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$280k

Owner & transaction history

Zoning & alternative use

B4 · Hamtramck, 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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