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    OFF-MARKET
    Warehouses

    635 Grv St, Wyandotte, MI 48192-6833

    8,150 SF 0.44 ac lot Built 1987
    Individually Owned 6-yr Hold Absentee Owner Free & Clear
    Property ID
    US43-1121271
    Property summary
    AI-generated overview

    This 8,150 square foot industrial property in Wyandotte, Michigan, presents a compelling investment opportunity. Situated on a 0.44-acre lot, this 1987-built building is zoned for light industrial use and offers a versatile layout ideal for manufacturing, warehousing, or flex space needs. The property features two dock-high doors, facilitating efficient loading and unloading of goods and equipment. High ceilings, reaching 14 feet, provide ample vertical space for operations. The building boasts a robust infrastructure, including heavy-duty electrical service (720 amps, 3,000 volts), a solid concrete floor, and LED lighting. Adding to its functionality, the property includes a 620 square foot mezzanine for storage and an additional 620 square foot of dedicated office space. This well-maintained property offers a blend of warehouse, manufacturing, and office space, making it suitable for a variety of businesses. The asking price is $950,000. The property's location in Wyandotte, Michigan (48192), provides easy access to major transportation routes. This is a rare opportunity to acquire a well-equipped industrial property in a desirable location.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1987
    Total area 8,150 SF
    Lot 0.44 ac (19,166 SF)
    APN 57 023 04 0019 300
    UPID US43-1121271
    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
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    John A Grietsell · 6 yrs held
    John A Grietsell
    since 2019
    2 recorded transactions
    2019
    2004
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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