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24650 Sherwood Ave 14,776 SF 100% Leased Industrial Building Center Line, MI 48015 $1,600,000 ($108.28/SF) 8.53% Cap Rate
Investment Highlights
- Truck parking available.
- Tenant paying $9,000/month until 3/1/27
- Well maintained building.
- Ample parking.
Executive Summary
Great industrial investment opportunity.
Property Facts
| Price | $1,600,000 | Lot Size | 1.60 AC |
| Price Per SF | $108.28 | Rentable Building Area | 14,776 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 8.53% | Year Built | 1988 |
| Property Type | Industrial | Parking Ratio | 6.77/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 16’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 2 |
| Zoning | M-I | ||
| Price | $1,600,000 |
| Price Per SF | $108.28 |
| Sale Type | Investment |
| Cap Rate | 8.53% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.60 AC |
| Rentable Building Area | 14,776 SF |
| No. Stories | 1 |
| Year Built | 1988 |
| Parking Ratio | 6.77/1,000 SF |
| Clear Ceiling Height | 16’ |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | M-I |
Amenities
- Air Conditioning
Utilities
- Heating - Gas
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 01-13-28-202-006 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $374,100 |
Property Taxes
Parcel Number
01-13-28-202-006
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$374,100
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24650 Sherwood Ave
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