Warehouse With Updated Rubber Roof

50633 Ryan Road Shelby Twp, MI 48317

Claim this Listing
For Sale
$950,000

COMMERCIAL - Shelby Twp, MI

Property size:
10,000 SF
Lot size:
1.00 Acre
Price / SF:
$95/SF
Added:
Jun 18, 2026
Days on Market:
25
Last Refresh:
Jul 12 at 3:06 am

Property Features for 50633 Ryan Road

General Information

Property type
Commercial Sale
Property subtype
Other
Parking features
Parking Lot
Standard status
Active
APN
23-07-19-200-010
Size
10,000 SF
Lot size
1.00 Acre

Utilities

Heating system
Forced Air
Water source
Public

Building Details

Year built
1969
Roof type
Rubber

Listing agent Boyd C. Kraft License #6501076461

Listing office Pilot Property Group - Residential LLC 38600 Van Dyke Ste 325, Shelby Twp, MI

Listing date Jun 18, 2026

MLS# 50211853

Copyright © 2026 Multiple Listing Service MiRealSource. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This for-sale warehouse totals 10,000 square feet on a 1-acre lot. The property’s roof was replaced with a rubber roof system in 2021 by Lutz Roofing. In addition to the main building area, additional land is available at the rear of the property.

The property is located at 50633 Ryan Road in Shelby Twp, Michigan (48317), in Macomb County. A lockbox is on the listing for convenient access for qualified buyers.

For tenant and buyer use, the straightforward warehouse configuration and recent roof replacement support operations that require a durable enclosed space. The presence of extra rear land can also be useful for buyers who want options for site planning beyond the existing building footprint. This is a practical offering for warehouse users looking for a property with a defined size, an updated roof, and room to consider future site needs.

Key Highlights

  • New rubber roof installed in 2021 by Lutz Roofing
  • Heating: forced air
  • Water source: public

Local Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $81.6k $8.16
− Vacancy −$4.6k −$0.46
EGI $77.0k $7.70
− OpEx −$11.6k −$1.16
NOI $65.5k $6.55
10,000 SF · lease $8.16/SF/yr · vacancy 5.60% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$935.4K
$818.5K – $1.09M (±1% cap)
NOI $65,476 @ 7.0% cap · market cap 6.89%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.87M
$1.64M – $2.18M (±1% cap)
NOI $131,051 @ 7.0% cap · market cap 13.79%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Warehouses

Suggested Use

Real Estate Agency Restaurant Hair Salon Dental Office Spa & Massage Center Nail Salon Bakery Plumbing Service (Bike/Boat/Book/etc) Store Garden Center

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • M & RRV Storage — 3651 Hamlin Rd, Shelby Twp, MI 48317

FAQs

What type of property is this?
Warehouse - Single-tenant warehouse offering a 2021 rubber roof and additional rear land for expansion or flexibility.
Where is this warehouse located?
The property is located at 50633 Ryan Road Shelby Twp, MI.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: New rubber roof installed in 2021 by Lutz Roofing; Heating: forced air; Water source: public
Contact an agent
More about this property
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