20263 Hoover Street
Industrial
for Sale
| Catylist Listing ID: |
30815657 |
| Property Subtypes: |
Warehouse/Distribution
|
| Building Size (RSF): |
69,022 SF
|
| Gross Building Area: |
See Agent |
| Gross Land Area: |
5.07 Acres
|
| Sale Price: |
$5,050,000 |
| Unit Price: |
$73.17 PSF |
| Ceiling: |
18 ft. |
| Docks/Doors: |
4 Doors |
| Property Use Type: |
Vacant/Owner-User |
| Sale Terms: |
Undisclosed |
| Cap Rate: |
Undisclosed |
| Last Updated: |
9/18/2023 |
Overview / Comments
|
Many building upgrades, along with new construction. 2/3 of the building is leased out to machinery storage with cranes. Rail access, heavy power. Separate grow facilities with extra room to double production. Large fenced, paved parking.
|
Financials
| Finance Data Year |
2022 |
| Real Estate Taxes - Annual($) |
$15,490 (Annual) |
| Finance Data Year |
2021 |
| Real Estate Taxes - Annual($) |
$49,485 (Annual) |
Additional Details
| Nearest MSA: |
Detroit-Warren-Dearborn |
| County: |
Wayne |
| Submarket/Township: |
Detroit E of Woodward |
| Tax ID/APN: |
17013847. |
| Zoning: |
INDUSTRIAL |
| Property Located Between: |
Groesbeck Highway |
| Tenancy: |
Single Tenant |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Typical SF / Floor: |
69,022 SF |
| Year Built: |
1953 |
| Year Renovated: |
2019 |
| Parking Type: |
Surface |
| Parking Description: |
Fenced Yard |
| Amps: |
2,900 |
| Volts: |
480 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
21,639 |
190,525 |
500,059 |
| Median Age: |
28.47 |
32.79 |
35.75 |
| Households: |
7,264 |
66,576 |
187,005 |
|
© Copyright 2001-2023 Moody's. All Rights Reserved.
The information presented herein is provided as is, without warranty of any kind.
Neither Commercial Property Information Exchange (CPIX) nor
Moody's assume any liability for errors or omissions.
|
