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    4123-4153 Pioneer Dr. Commerce Twp, MI 48390

    Sponsored
    For Lease
    $9 SF/Yr ($17,924 /Mo)

    Large industrial building, excellent location, long-term lease.

    Lot size:
    21,617 SF

    Description

    Added:
    Jan 23, 2025
    Days on Market:
    354
    This 21,617 square foot industrial building is available for lease in Commerce Township, Michigan, at 4123-4153 Pioneer Dr., zip code 48390. Situated conveniently between Newton and Union Lake Roads, this property offers a prime location for businesses seeking ample space. Built in 1989, the building is classified as Class C and provides 21,617 usable square feet. The lease is a long-term NNN lease, with an annual rate of $9.95 per square foot. Expenses are estimated at $3.25 per square foot. The property is versatile and suitable for a range of industrial uses, including those requiring significant space and convenient access. This is a rare opportunity to secure a substantial industrial space in a desirable location. The property is categorized as industrial, other industrial properties, industrial live-work properties, industrial land, mixed-use properties, and land. Serious inquiries only.

    Property Features for 4123-4153 Pioneer Dr.

    General Information

    Property type
    Other industrial properties
    Lease Type
    NNN
    RSF (Rentable sq. ft)
    21,617 SF
    USF (Usable sq. ft)
    21,617 SF
    Class
    C
    Elevators
    N/A
    Total Rate
    17924.1
    Lease Term
    Long Term

    Building Details

    Year Built
    1989
    Buildings
    1
    Stories
    1

    HighLights

    • Large 21,617 sq ft industrial building available for lease.
    • Convenient location between Newton and Union Lake Roads in Commerce Twp, MI.
    • $9.95/sq ft yearly lease rate (NNN), built in 1989, Class C building.
    Property Profile Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    City
    Commerce Twp
    State
    Michigan

    FAQs

    What type of property is this?
    Industrial property - Large industrial building, excellent location, long-term lease.
    Where is this industrial property located?
    The property is located at 4123-4153 Pioneer Dr. Commerce Twp, MI.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: Large 21,617 sq ft industrial building available for lease.; Convenient location between Newton and Union Lake Roads in Commerce Twp, MI.; $9.95/sq ft yearly lease rate (NNN), built in 1989, Class C building.
    (248) 909-8180
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4123-4153 Pioneer Dr. Commerce Twp, MI 48390
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