14225 Schaefer HwyDetroit, MI 48227

  • Industrial properties
  • 54,048 SF
For Lease
$4/SF/YR View listing

Property Details for 14225 Schaefer Hwy

Year built
1950
Lot size
1.75 AC
Property size (Sq ft)
54,048 SF
Zone code
M4
Property type
Industrial properties
Property subtype
Other warehouses
APN
22030891.
APU
22030891

Description

This 44,000-square-foot industrial building in Detroit, Michigan, is available for sale or lease. Situated on a 1.76-acre lot, this single-story structure boasts a 13-foot ceiling height and 600 amps of power. The property features nine suites, with a minimum divisible space of 20,000 square feet and a maximum contiguous space of 44,000 square feet. Currently, the entire 44,000 square feet is vacant. The building is zoned M4 and is ideally suited for various uses, including self-storage, warehousing, processing, manufacturing, commissary operations, trucking, and cannabis cultivation and processing (City of Detroit approved). Key features include a private fenced property, multiple units separated by firewalls, and a central location near major highways and downtown Detroit/Canada. The building has received special land use approval from the City of Detroit for cannabis cultivation and processing. This exceptional property presents a unique opportunity for a variety of businesses seeking a strategically located and versatile industrial space.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $12,866,845
    Hospitality
    $11,785,960
    Educational
    $9,805,781
    Medical
    $10,143,017
    Retail
    $15,253,437
14225 Schaefer Hwy, Detroit, Michigan

Location Insight

City
Detroit
County
Wayne
State
Michigan
Latitude
42.3913
Longitude
-83.1798
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$30,575
-
-
$392,900
-
-
-
$785,800

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