Property profile

7200 Dan Hoey Rd Ste A Dexter, MI 48130

OFF-MARKET
Commercial real estate
Property ID
US43-3430719
2,086 SF 0.35 ac lot Built 2004
Entity Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This 6,602-square-foot warehouse, located in Allapattah's historic produce district, presents a compelling opportunity for businesses seeking a functional and well-situated space. The property features a single loading dock equipped with two roll-up doors, ensuring efficient loading and unloading operations. The warehouse boasts a clear span design, maximizing usable space, and offers 12-foot clear ceilings. Recent improvements include a new roof, enhancing the building's longevity and structural integrity. The property is zoned D2, providing flexibility for a range of industrial uses. The electrical service is 3-phase, 200 amps. Importantly, this warehouse is not equipped for cold storage. An adjacent building offers a potential expansion opportunity, with fully remodeled office spaces ranging from 962 to 3,387 square feet available for lease. The location is highly convenient, situated around the corner from Hometown BBQ and in close proximity to the Jackson Health District and the vibrant Wynwood neighborhood. This prime Allapattah location offers excellent access to major transportation routes and a thriving commercial environment.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2004
Total area 2,086 SF
Lot 0.35 ac (15,246 SF)
Zoning code PUD
APN 08-08-05-380-001
UPID US43-3430719

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Dental Office
  • Foster Care Service Social Service Agency
  • Alternative Medicine Practice
  • Dental Office
  • Auto Repair Shop

Location

7200 Dan Hoey Rd Ste A Dexter, MI 48130-4201
Dexter metro Census 454002 ANN ARBOR, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$535k
CAP Approach CAP
by Request
Comparable Approach Comparable
$482k
Blend (final) Blend
$535k

Owner & transaction history

since 2024
Last sale
$535,000
2 recorded transactions
2024
$535,000
2016
$277,000

Zoning & alternative use

PUD · Dexter, MI

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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