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    Property profile & analytics
    OFF-MARKET Estimated value $3,085,000
    Industrial properties

    999 Republic Dr, Allen Park, MI 48101-3668

    57,600 SF 6 ac lot Built 1994
    Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US43-5217806
    Property summary
    AI-generated overview

    This exceptional Allen Park, Michigan industrial flex space, located at 999 Republic Dr, 48101, offers 58,730 total square feet, including 23,799 square feet of rentable office space. The property boasts a 17'6" ceiling height, perfect for various industrial and office uses. The building features four 14'x12' loading docks and one 10'x10' grade-level door, ensuring efficient loading and unloading. Ample parking is available with a ratio of 3.69 spaces per 1,000 square feet, totaling 197 spaces. The property is fully air-conditioned and zoned for research and development (R&D). High-bay and office spaces are available, making it ideal for a variety of businesses. The property is available for sale, and lease options are available at a rate of $5.00 per square foot, NNN. Build-to-suit options are also available for potential tenants. This prime location in Wayne County offers easy access to major transportation routes and is situated within a high-image building and park. This is a rare opportunity to acquire a versatile and well-equipped industrial flex space in a desirable location.

    Property profile
    Verified
    Property type Industrial properties
    Use group INDUSTRIAL (GENERAL)
    Year built 1994
    Total area 57,600 SF
    Lot 6 ac (261,360 SF)
    Zoning code RD RESEARCH
    APN 30 001 02 0016 310
    UPID US43-5217806
    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
    Current use
    Occupant on record · Public records
    • Joint Venture Laboratories Corporate Office
    • Aptiv Data Entry Service Office
    • Trine University Detroit Education center University
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $3.09M
    Blend (final) Blend
    $3.09M
    Owner & transaction history
    Urbana Ford Flex I LLC · 3 yrs held
    Urbana Ford Flex I LLC
    since 2023
    2 recorded transactions
    2024
    2023
    Zoning & alternative use
    RD RESEARCH · Allen Park, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Retail stores $4.9M +68.6%
    Neighborhood: shopping center $4.6M +57.9%
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