26110 Michigan AveInkster, MI 48141

Property Details for 26110 Michigan Ave

Year built

1958

Lot size

0.20 AC

Property size (Sq ft)

6,691 SF

Property type

Auto shops

APN

44 019 01 2225 000

APU

44019012225000

Description

This exceptional 7,176 square foot industrial building presents a compelling investment opportunity in Inkster, Michigan. Strategically located near Downtown Dearborn and Dearborn Heights, this property boasts excellent visibility and accessibility. The building itself features three offices, providing ample space for administrative functions. A convenient loading garage ensures efficient handling of goods, complemented by extensive storage space on both the ground floor and a dedicated second-floor area. A fully fenced lot offers additional outdoor storage capacity, enhancing the property's overall utility. Eleven parking spaces are available for employees and visitors. The interior includes built-in shelving throughout, maximizing storage efficiency. The exterior presents a well-maintained and attractive curb appeal, further enhancing its market value. The high traffic volume in the area ensures significant exposure. This property's proximity to Telegraph Road provides easy access to major freeways, facilitating seamless transportation and logistics. The current business and inventory within the building are available for separate purchase and pricing upon inquiry. All data should be independently verified by the purchaser. This is a rare opportunity to acquire a well-maintained, strategically located industrial property with significant potential for growth and profitability.

• CAP approach

  CAP return

  Valuation

  6%

  $1,683,765

  6.5%

  $1,554,245

  7%

  $1,443,227

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,577,208

  Geo Method

  $1,577,208

• Alternative Use

  Use

  Valuation

  Residential

  $1,311,064

  Hospitality

  $1,200,927

  Educational

  $999,157

  Medical

  $1,033,520

  Retail

  $1,554,245

Location Insight

City

Inkster

County

Wayne

State

Michigan

Latitude

42.2969

Longitude

-83.294

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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