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28175986
28175987

25916 W Seven Mile, Redford, MI 48240

CT
6505431212
The Doctors Of Real Estate
The Doctors Of Real Estate
Listed by The Doctors Of Real Estate
$374,000
209 days on market
Updated 38 days ago

25916 W Seven Mile

Details
Property Type Industrial
Sub Type Manufacturing
Square Footage 4,830
Net Rentable (SqFt) 9
Cap Rate 8.00%
Tenancy Vacant
Price per SqFt $77
Year Built 1945
Stories 1
Acreage 0.210
Zoning Light Industrial
Ground Lease No
Ceiling Height 20
Ownership Standard
Sale Condition N/A

Vacant Industrial | Own Instead of Lease | Heavy Power | New Roof 2024

Marketing description

This 4,830 SF light industrial / warehouse building is being delivered vacant, allowing for immediate occupancy or the ability to re-lease at market rents. Located on high-traffic W 7 Mile Road, the property offers strong visibility, easy access, and flexibility for a wide range of industrial and commercial uses.

The building features 600-amp, 3-phase power, making it well-suited for users with heavier electrical demands. A new roof (2024) significantly reduces near-term capital expenditures, enhancing the property’s long-term value and appeal.

From an investment perspective, this is a clear value-add opportunity. Based on conservative market rents of approximately $8–$9 per SF NNN, the property supports a pro-forma NOI of approximately $30,000–$35,000, translating to an estimated 7.5%–8.5% pro-forma cap rate at the current asking price. Vacancy allows a buyer to control tenant selection, lease terms, and future income.

Ideal For:

  • Owner-users looking to occupy their own building and eliminate leasing costs

  • Investors seeking a light industrial value-add opportunity

  • Contractors and trades (HVAC, electrical, plumbing, construction)

  • Auto, fabrication, or light manufacturing users

  • Small distribution or warehouse operators

  • Businesses currently leasing and looking to own

The property is priced to reflect its vacant status and upside potential, not stabilized income, offering buyers flexibility, control, and long-term growth potential.

Investment highlights

This 4,830 SF light industrial / warehouse building is being delivered vacant, allowing for immediate occupancy or the ability to re-lease at market rents. Located on high-traffic W 7 Mile Road, the property offers strong visibility, easy access, and flexibility for a wide range of industrial and commercial uses.

The building features 600-amp, 3-phase power, making it well-suited for users with heavier electrical demands. A new roof (2024) significantly reduces near-term capital expenditures, enhancing the property’s long-term value and appeal.

From an investment perspective, this is a clear value-add opportunity. Based on conservative market rents of approximately $8–$9 per SF NNN, the property supports a pro-forma NOI of approximately $30,000–$35,000, translating to an estimated 7.5%–8.5% pro-forma cap rate at the current asking price. Vacancy allows a buyer to control tenant selection, lease terms, and future income.

Ideal For:

  • Owner-users looking to occupy their own building and eliminate leasing costs

  • Investors seeking a light industrial value-add opportunity

  • Contractors and trades (HVAC, electrical, plumbing, construction)

  • Auto, fabrication, or light manufacturing users

  • Small distribution or warehouse operators

  • Businesses currently leasing and looking to own

The property is priced to reflect its vacant status and upside potential, not stabilized income, offering buyers flexibility, control, and long-term growth potential.

Listing Contacts

CT
6505431212
The Doctors Of Real Estate
The Doctors Of Real Estate
Listed by The Doctors Of Real Estate

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