8747 Lyndon St, Detroit, MI 48238
For Lease
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This freestanding warehouse, located at 8747 Lyndon Street in Wayne County, offers 2,800 square feet of immediately available space. Built in 1947, the property boasts a 14-foot clear ceiling height, perfect for various industrial uses. Access is provided by one 10' x 8' grade-level loading door, simplifying loading and unloading operations. The building is zoned M-4, offering flexibility for a range of businesses. Ample street parking is available for employees and clients. The property features a brand new roof complete with a warranty, minimizing maintenance concerns. Electrical service includes 220 volts, 3-phase power, suitable for power-intensive equipment. The asking price is $299,000 ($106.79/sq.ft.), with a monthly lease rate of $4,000 NNN. The property's potential designation as a Green Zone adds further investment appeal. This single-tenant warehouse presents a compelling opportunity for owner-occupiers or investors seeking a well-maintained, functional space in a convenient location. The property is ready for immediate occupancy.
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.