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Property profile & analytics
FOR SALE
Warehouses

580 Hillsdale St Wyandotte, MI 48192

27,456 SF 1.48 ac lot Built 1985
Entity Owned Free & Clear
Property ID
US43-1239160
Property summary
AI-generated overview

This exceptional 47,250-square-foot industrial warehouse, located at 580 Hillsdale St, Wyandotte, MI 48192, presents a significant investment opportunity. Built in 1986 and renovated in 1989, this single-story building sits on a 2.55-acre lot and boasts a range of features ideal for heavy industrial use. The property includes 6 loading docks, one dock-high door, and ample parking for 28 vehicles, with additional parking potential on vacated Albion Street. High ceilings, ranging from 20 to 35 feet, accommodate various operational needs. The warehouse is equipped with substantial power (3600 Amps, 3-Phase) and an impressive crane system: four 25-ton cranes, one 10-ton crane, one 5-ton crane, two 2-ton cranes, and five 0.5-1-ton jib cranes. Approximately 4,600 square feet of office space is also included. The property is fully fenced with a paved storage yard, zoned for industrial use, and offers the potential for campus acquisition. The asking price is $3,685,500, translating to $78 per square foot. This well-maintained facility provides a unique blend of space, power, and specialized equipment, making it an attractive option for a variety of industrial businesses.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1985
Total area 27,456 SF
Lot 1.48 ac (64,469 SF)
APN 57 023 03 0001 301
UPID US43-1239160
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$988k
Blend (final) Blend
$990k
Owner & transaction history
IVERSON INVESTMENT L L C
IVERSON INVESTMENT L L C
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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