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Industrial/Warehouse Building 14286 Meyers Rd 21,195 SF Industrial Building Detroit, MI 48227 $900,000 ($42.46/SF) 8.40% Cap Rate

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INVESTMENT HIGHLIGHTS

  • New Roof
  • Quick access to railroad intermodal, and all major interstates
  • New HVAC

EXECUTIVE SUMMARY

This building is fully sprinkled, has a newer roof, HVAC and it has 5 private offices. Situated in an incredibly central location, 114286 Meyers Rd thrives in an advantageous location with quick access to population centers, railroad intermodal, and all major interstates. This property can be combined with a gated lot just to the north (14350 MEYERS Road 0.637 ac).

FINANCIAL SUMMARY (PRO FORMA - 2025)

ANNUAL ANNUAL PER SF
Gross Rental Income $105,975 $5.00
Other Income - -
Vacancy Loss - -
Effective Gross Income $105,975 $5.00
Taxes $17,008 $0.80
Operating Expenses $13,373 $0.63
Total Expenses $30,381 $1.43
Net Operating Income $75,594 $3.57

FINANCIAL SUMMARY (PRO FORMA - 2025)

Gross Rental Income
Annual $105,975
Annual Per SF $5.00
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $105,975
Annual Per SF $5.00
Taxes
Annual $17,008
Annual Per SF $0.80
Operating Expenses
Annual $13,373
Annual Per SF $0.63
Total Expenses
Annual $30,381
Annual Per SF $1.43
Net Operating Income
Annual $75,594
Annual Per SF $3.57

PROPERTY FACTS

Price $900,000
Price Per SF $42.46
Sale Type Investment or Owner User
Cap Rate 8.40%
Sale Conditions
Redevelopment Project
  • REO Sale
Property Type Industrial
Property Subtype
Warehouse
  • Flex Light Manufacturing
  • Industrial Distribution
  • FlexLight Distribution
Building Class C
Lot Size 3.51 AC
Rentable Building Area 21,195 SF
No. Stories 2
Year Built 1958
Tenancy Single
Parking Ratio 1.89/1,000 SF
Clear Ceiling Height 14’
No. Dock-High Doors/Loading 3
No. Drive In / Grade-Level Doors 1
Zoning M-4 - Heavy Industrial

AMENITIES

  • Fenced Lot
  • Floor Drains
  • Signage
  • Storage Space
  • Air Conditioning
  • Smoke Detector

UTILITIES

  • Lighting - Mercury
  • Heating - Gas

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 21,195 SF
  • Industrial
  • Full Build-Out
  • Now

21,195 SF Very clean Industrial Facility / Warehouse, fully sprinkled.

Space Size Space Use Condition Available
1st Floor 21,195 SF Industrial Full Build-Out Now

1st Floor

Size
21,195 SF
Space Use
Industrial
Condition
Full Build-Out
Available
Now

1st Floor

Size 21,195 SF
Space Use Industrial
Condition Full Build-Out
Available Now

21,195 SF Very clean Industrial Facility / Warehouse, fully sprinkled.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
16-045972-001
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$229,500
Annual Taxes
$17,008 ($0.80/SF)
Tax Year
2025
  • Listing ID: 36124545

  • Date on Market: 6/5/2025

  • Last Updated:

  • Address: 14286 Meyers Rd, Detroit, MI 48227

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