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    FOR LEASE
    Manufacturing properties

    8747 Lyndon St, Detroit, MI 48238

    2,800 SF 0.16 ac lot Built 1947
    Individually Owned 12-yr Hold Absentee Owner Free & Clear
    Property ID
    US43-1627920
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Manufacturing properties
    Use group MANUFACTURING (LIGHT)
    Year built 1947
    Total area 2,800 SF
    Lot 0.16 ac (6,970 SF)
    Zoning code M4
    APN 16005903.044
    UPID US43-1627920
    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
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Dexter James · 12 yrs held
    Dexter James
    since 2013
    2 recorded transactions
    2013
    $7,000
    2013
    Zoning & alternative use
    M4 · Detroit, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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