Property summary
This exceptional 3,108 square foot industrial property, located at 701 E Eight Mile Road in Hazel Park, Michigan, presents a compelling investment opportunity. The building is ideally suited for warehouse and manufacturing operations, boasting a functional layout and a 12-foot ceiling height, providing ample vertical space for storage and equipment. The property is zoned LB-M (Local Business – Manufacturing), ensuring flexibility for a variety of industrial uses. Its strategic location offers easy access to I-75 and Eight Mile Road, providing excellent connectivity for transportation and logistics. The property is available immediately, making it an attractive option for businesses seeking a quick move-in. A significant advantage is the availability of a land contract, offering a flexible financing option for potential buyers. This property in Oakland County, Michigan (zip code 48030) is situated at 42.465601 latitude and -83.0951852 longitude. This turnkey solution combines prime location, functional space, and flexible financing, making it an ideal choice for discerning investors and businesses alike. Don't miss this chance to acquire a well-positioned industrial asset in a thriving Michigan market.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
BI · Hazel Park, MIZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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