6400 Nevada St, Detroit, MI 48234-2825
This exceptional 14,988-square-foot industrial warehouse, located at 6400 E Nevada St, Detroit, MI 48234, presents a compelling investment opportunity. Priced at $500,000 ($33.36/SF), this vacant property boasts a prime location in Wayne County, offering easy access to major thoroughfares including the Davison Freeway, M-53, and I-75. Built in 1963 and extensively renovated between 2022 and 2023, the property features a newly updated roof, electrical system, bay doors, firewalls, rooftop HVAC, and sewer drains. All building materials are included in the sale. The single building sits on a 1.07-acre lot and is zoned M4 Intensive Industrial, allowing for a wide range of uses, including marijuana businesses. The property includes two loading docks and two dock-high doors, providing efficient loading and unloading capabilities. This meticulously maintained warehouse is ready for immediate occupancy and presents a rare opportunity to acquire a well-located, versatile industrial space in a thriving Detroit market. The property's recent renovations ensure modern functionality and efficiency, minimizing future capital expenditures. Its strategic location and flexible zoning make it an ideal choice for a variety of industrial and manufacturing operations.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
M4 · Detroit, MIDetroit. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.