This exceptional industrial property, located at 6100 E. Davison St, Hamtramck, MI 48212, presents a significant investment opportunity. The 20,000 square foot warehouse sits on a 0.42-acre lot and boasts a desirable M-4 zoning classification. Built in 1955, the two-story building features impressive 15' to 29' clear ceiling heights, ideal for various industrial uses. Access is facilitated by two 12' x 14' grade-level doors and a truckwell. The property includes four cranes (two 10-ton and two 5-ton), and a single interior dock. Ample power is provided by a 1000-amp, 480-volt system. The warehouse also includes 2,000 square feet of office space and a 792 square foot partial basement. The asking price is $950,000, translating to $47.50 per square foot. This well-equipped warehouse offers a compelling combination of size, features, and location, making it an attractive prospect for a wide range of industrial businesses.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$4,280,378
Hospitality
$3,920,803
Educational
$3,262,062
Medical
$3,374,250
Retail
$5,074,319
Location Insight
City
Hamtramck
County
Wayne
State
Michigan
Latitude
42.423
Longitude
-83.0403
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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