195 Campbell StRiver Rouge, MI 48218

Property Details for 195 Campbell St

Lot size

2.19 AC

Property size (Sq ft)

33,671 SF

Zone code

M1 LITE

Property type

Manufacturing properties

APN

50 008 99 0013 701

APU

50008990013701

Description

This exceptional 33,671-square-foot industrial building in River Rouge, Michigan, presents a compelling investment opportunity. Located at 195 Campbell St, 48218, this vacant property boasts a versatile design suitable for distribution, flex, or manufacturing uses. The building features a 24-foot clear height, two cranes, and three overhead doors, enhancing operational efficiency. A fully fenced and secured 94,511-square-foot lot provides ample space for storage and maneuvering. Approximately 3,000 square feet of office space is included, catering to administrative needs. The asking price is $2,000,000, translating to $59.40 per square foot. Its strategic location offers quick access to I-75, providing seamless transportation links. This property is ideal for businesses seeking a well-equipped, secure, and conveniently located industrial space in the thriving River Rouge market. Wayne County location.

• CAP approach

  CAP return

  Valuation

  6%

  $15,237,800

  6.5%

  $14,065,700

  7%

  $13,061,000

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,039,340

  Geo Method

  $5,039,340

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $7,088,710

  Mixed-Use / Specialty

  $6,965,640

  Hospitality / Lodging

  $4,983,130

  Office

  $6,822,390

  Institutional / Educational

  $7,206,500

  Residential Income

  $8,431,610

  Multifamily

  $10,654,600

  Automotive / Energy

  $6,177,000

  Parking / Income-Based Land

  $2,228,230

  Restaurant / Food Service

  $3,414,160

  Healthcare / Senior Housing

  $7,243,420

Location Insight

City

River Rouge

County

Wayne

State

Michigan

Latitude

42.277

Longitude

-83.1407

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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