15200 Commerce DrDearborn, MI 48120

  • Manufacturing properties
  • 67,661 SF
For Lease
$6.50/SF/YR View listing

Property Details for 15200 Commerce Dr

Year built
1972
Construction
BRICK
Lot size
5.82 AC
Property size (Sq ft)
67,661 SF
Zone code
IA
Property type
Manufacturing properties
APN
82 10 191 04 006
APU
821019104006

Description

This exceptional industrial property, located at 15200 N. Commerce Drive in Dearborn, Michigan, presents a significant opportunity. The single-story warehouse building encompasses 66,596 square feet, with approximately 10% dedicated to office space. Constructed in 1972, the building sits on a generous 5.82 acres of land, providing ample room for expansion or outdoor storage. The warehouse boasts a substantial 21-foot ceiling height, ideal for various industrial uses and high-volume storage. The property offers significant parking capacity with 365 spaces available for employees and visitors. Furthermore, the building is equipped with heavy power, catering to businesses with significant energy demands. The property's single-tenant occupancy provides stability and ease of management. Its strategic location in Dearborn, MI, zip code 48120, offers convenient access to major transportation routes and a skilled workforce. This property is an excellent investment for businesses seeking a functional and spacious warehouse in a prime location. The building's size, features, and location make it a highly desirable asset in the Dearborn industrial market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $16,107,600
    Hospitality
    $14,754,475
    Educational
    $12,275,550
    Medical
    $12,697,725
    Retail
    $19,095,300

Location Insight

City
Dearborn
County
Wayne
State
Michigan
Latitude
42.3123
Longitude
-83.1884
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$82,004
-
-
$1,854,400
-
-
-
$3,708,800

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