3101 Gulley RdDearborn, MI 48124

Property Details for 3101 Gulley Rd

Year built

1989

Lot size

3.73 AC

Property size (Sq ft)

50,350 SF

Zone code

IA

Property type

Industrial properties

Property subtype

Loft space

APN

82 09 293 26 161

APU

820929326161

Description

This exceptional multi-tenant flex space property, located at 3101 Gulley Rd in Dearborn, MI, offers a total of 52,048 square feet of versatile industrial space. Currently, there are 30,210 square feet of vacant space available, divisible into units ranging from a minimum of 5,035 square feet to a maximum contiguous space of 20,140 square feet. The building features six total suites, providing flexibility for various business needs. The property boasts a desirable 17-foot clear ceiling height, perfect for accommodating a wide range of industrial operations. Loading and unloading is facilitated by 12' x 14' grade-level loading doors. The property is zoned Industrial A and benefits from three-phase power, ensuring sufficient electrical capacity for most industrial applications. Ample parking is available for tenants and their employees. Office space can be customized to suit tenant requirements. This prime location in Wayne County presents a unique opportunity for businesses seeking high-quality, flexible industrial space. The property's features and strategic location make it an ideal choice for a variety of industrial and flex-use businesses. Contact us today to learn more about leasing opportunities.

• CAP approach

  CAP return

  Valuation

  6%

  $10,687,948

  6.5%

  $9,865,798

  7%

  $9,161,098

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,300,096

  Geo Method

  $7,300,096

• Alternative Use

  Use

  Valuation

  Residential

  $9,865,798

  Hospitality

  $9,037,018

  Educational

  $7,518,693

  Medical

  $7,777,272

  Retail

  $11,695,744

Location Insight

City

Dearborn

County

Wayne

State

Michigan

Latitude

42.2885

Longitude

-83.2844

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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