12104 Greenfield RdDetroit, MI 48227

Property Details for 12104 Greenfield Rd

Year built

1950

Lot size

1.32 AC

Property size (Sq ft)

33,407 SF

Zone code

M4

Property type

Retail properties

Property subtype

Retail space

APN

22049845-6

APU

220498456

Description

This exceptional 16,000 square foot warehouse, located at 12104 Greenfield Road, presents a fantastic leasing opportunity for a single tenant. The property is classified as Retail, Industrial, and Special Purpose, with a primary designation of Warehouse. The expansive space boasts three overhead garage doors, enhancing ease of loading and unloading. One of these garage doors conveniently connects to a loading dock, further streamlining logistical operations. The warehouse features exceptionally high ceilings, providing ample vertical storage capacity and a sense of spaciousness. In addition to the vast warehouse area, the property includes two executive offices, offering a dedicated space for administrative functions or management. All measurements provided are approximate. This property is perfect for businesses requiring significant storage and operational space, combined with the convenience of on-site office accommodations. The single-tenant occupancy ensures exclusive use and control of the entire facility. Interested parties are encouraged to inquire for further details and scheduling a viewing.

• CAP approach

  CAP return

  Valuation

  6%

  $10,213,807

  6.5%

  $9,428,130

  7%

  $8,754,692

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,874,725

  Geo Method

  $7,874,725

• Alternative Use

  Use

  Valuation

  Residential

  $7,952,980

  Hospitality

  $7,284,887

  Educational

  $6,060,940

  Medical

  $6,269,386

  Retail

  $9,428,130

Location Insight

City

Detroit

County

Wayne

State

Michigan

Latitude

42.3767

Longitude

-83.197

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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