Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    FOR LEASE
    Warehouses

    6650 Chase Rd, Dearborn, MI 48126

    18,096 SF 1.35 ac lot Built 1969
    Entity Owned 4-yr Hold Free & Clear
    Property ID
    US43-1409193
    Property summary
    AI-generated overview

    This Dearborn, Michigan warehouse presents a compelling investment opportunity. The 18,096 square foot building sits on a 1.35-acre lot and is currently generating a substantial monthly rental income of $18,000 from two tenants under a gross lease. The property boasts 40 parking spaces and is strategically located in Dearborn, MI, providing easy access to major transportation routes and a skilled workforce. The current lease has a remaining term of three years with a total lease term of five years, offering immediate cash flow and long-term stability. The building's size, prime location, and strong rental income make it an attractive asset in a vibrant market. The asking price is $2,100,000, representing a 10% capitalization rate. This multi-tenant industrial property is ideal for investors seeking a stable, high-yield investment in a desirable location. The property is zoned for industrial use and offers significant potential for future growth and appreciation. The address is 6650 Chase Rd, Dearborn, MI 48126. This is a turnkey investment opportunity with a proven track record of success.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1969
    Total area 18,096 SF
    Lot 1.35 ac (58,806 SF)
    Zoning code IB
    APN 82 10 072 10 010
    UPID US43-1409193
    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
    Current use
    Occupant on record · Public records
    • Golden Bakery Chase Bakery Specialty Food Shop
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    6650 Investments LLC · 4 yrs held
    6650 Investments LLC
    since 2022
    Last sale
    $240,000
    3 recorded transactions
    2022
    $240,000
    2022
    $240,000
    2013
    Zoning & alternative use
    IB · Dearborn, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message