Office-Flex Industrial
1020 W 14 Mile Rd Clawson, MI 48017
For Sale
$715,000
Well-maintained office-flex space with private offices, showroom, and rear loading for service-oriented and light assembly users.
Property Size6,195 SF
Price / SF$115.42
Days on Market52
Property Features for 1020 W 14 Mile Rd
General Information
Standard status
Active
Size
6,195 SF
Property subtype
Industrial
Listing Agency:
Colliers
(810) 623-8013
Listed By:
Bryan Barnas
(810) 623-8013
Source:
Cpix.resimplifi
Added: Jun 8
Changed: Jul 10
Last Checked: Jul 29 at 3:36AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers
Investment Insights
Based on property information with market context.
This well-maintained office-flex/industrial building totals approximately 6,195 SF and includes private offices, a conference room, a showroom, storage, and open work areas. The property features renovated building improvements with HVAC updates, including a rooftop unit replacement in 2017. It also offers 18-foot ceilings to support a variety of office and operational layouts.
The site provides overhead door access and rear loading, along with functional on-site parking/loading. Zoning is B-1 Local Business, supporting a wide variety of office, showroom, and commercial uses. The property is located in Clawson, approximately three miles to Downtown Birmingham and two miles to I-75.
With office space, a showroom component, and practical loading access, the building is well suited for engineering and creative users, as well as contractor, light assembly, and other service-oriented operations. Recent HVAC improvements and a flexible interior configuration help support day-to-day business use for buyers seeking an owner-user facility that blends work space and client-facing areas.
The site provides overhead door access and rear loading, along with functional on-site parking/loading. Zoning is B-1 Local Business, supporting a wide variety of office, showroom, and commercial uses. The property is located in Clawson, approximately three miles to Downtown Birmingham and two miles to I-75.
With office space, a showroom component, and practical loading access, the building is well suited for engineering and creative users, as well as contractor, light assembly, and other service-oriented operations. Recent HVAC improvements and a flexible interior configuration help support day-to-day business use for buyers seeking an owner-user facility that blends work space and client-facing areas.
Key Highlights
- ±6,195 SF well‑maintained office‑flex/industrial building with numerous updates throughout
- Flexible layout with private offices, conference room, showroom, storage, and open work areas
- Zoned B‑1 Local Business for a wide variety of office, showroom, and commercial uses
Financial Insights For Flex RnD
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 | $111.5k | $18.00 |
| − Vacancy | −$12.9k | −$2.09 |
| EGI | $98.6k | $15.91 |
| − OpEx | −$34.5k | −$5.57 |
| NOI | $64.1k | $10.34 |
6,195 SF · lease $18.00/SF/yr · vacancy 11.60% · expense 35.00%
Alternative Uses
Best Use
Retail
$952.3K
$833.3K – $1.11M
NOI $66,661 @ 7.0% cap · market cap 9.32%
Second Best
Flex RnD
$915.3K
$800.9K – $1.07M
NOI $64,074 @ 7.0% cap · market cap 8.96%
Theoretical Best
Specialty Retail
$1.34M
$1.17M – $1.56M
NOI $93,535 @ 7.0% cap · market cap 13.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Flex space - Well-maintained office-flex space with private offices, showroom, and rear loading for service-oriented and light assembly users.
Where is this flex space located?
The property is located at 1020 W 14 Mile Rd Clawson, MI.
What is the asking price?
The asking price for this property is $715,000.
What are key features of this property?
This property features: ±6,195 SF well‑maintained office‑flex/industrial building with numerous updates throughout; Flexible layout with private offices, conference room, showroom, storage, and open work areas; Zoned B‑1 Local Business for a wide variety of office, showroom, and commercial uses
