Property summary
This exceptional 14,635-square-foot industrial building in Dearborn, MI, presents a remarkable opportunity. Located on a 0.46-acre lot with 200 feet of frontage on Schaefer Road, this fully renovated property offers unparalleled versatility. The expansive open floor plan features soaring ceilings, providing ample space for a wide range of industrial or commercial uses. The property's strategic location ensures high visibility and easy access for both employees and customers. A significant advantage is the large paved parking lot situated directly across the street, providing abundant parking for staff and visitors. Originally designed for wholesale operations, the seller is willing to include existing racking and cashier stations, representing a substantial cost savings for the buyer. This turn-key property is ready for immediate occupancy and offers endless potential for a variety of businesses seeking a well-maintained, spacious, and conveniently located industrial space. The asking price is $1,499,500. This is a rare opportunity to acquire a high-quality industrial property in a prime Dearborn location. Don't miss out on this exceptional investment.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
SIDENTIAL PRESERVATION DISTRICT ARTICLE 12.00 - R-C, R-D, AND R-E MULTIPLE FAMILY RESIDENTIAL DISTRICTS[1] ARTICLE 13.00 - O-S, BUSINESS OFFICE DISTRICT[1] ARTICLE 14.00 - B-A, LOCAL BUSINESS DISTRICT[1] ARTICLE 15.00 -…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
BB · Dearborn, MISIDENTIAL PRESERVATION DISTRICT ARTICLE 12.00 - R-C, R-D, AND R-E MULTIPLE FAMILY RESIDENTIAL DISTRICTS[1] ARTICLE 13.00 - O-S, BUSINESS OFFICE DISTRICT[1] ARTICLE 14.00 - B-A, LOCAL BUSINESS DISTRICT[1] ARTICLE 15.00 -…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
SIDENTIAL PRESERVATION DISTRICT ARTICLE 12.00 - R-C, R-D, AND R-E MULTIPLE FAMILY RESIDENTIAL DISTRICTS[1] ARTICLE 13.00 - O-S, BUSINESS OFFICE DISTRICT[1] ARTICLE 14.00 - B-A, LOCAL BUSINESS DISTRICT[1] ARTICLE 15.00 -…
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
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- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning