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    18600 Florence St Roseville, MI 48066

    Sponsored
    For Sale
    $800,000

    Class C Office Building, High Income Potential

    Property size:
    9,436 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional investment property, located at 18600 Florence in Roseville, Michigan, presents a compelling opportunity for discerning investors. The two-story building boasts a substantial 9,436 square feet of rentable space, complemented by an additional 4,576 square feet of leased basement space, totaling over 14,000 square feet. The property sits on a 0.95-acre lot and offers ample parking with 60 spaces. A convenient elevator services both floors. Currently configured as a Class C professional office building, the property features a mix of short-term and long-term leases, with utilities included. Detailed financial information, including a proforma, income and expense statements, and rent roll, is readily available upon request. Approximately 1,700 square feet of space is currently available for lease. The strategic location provides immediate access to major freeways, I-94 and I-696, ensuring excellent accessibility and high visibility. This property offers a strong current income stream with significant upside potential for future growth. The substantial size, ample parking, and prime location make this an attractive investment opportunity in a thriving market. Serious inquiries are encouraged.

    Property Features for 18600 Florence St

    General Information

    Property type
    Industrial properties
    Square Feet
    9,436 SF
    Lot Size
    41,382 SF

    Building Details

    Year Built
    1975
    Property Profile Location Intelligence

    Current Use by Public Records

    Bryant Bureau Recruiter Tutak Chiropractic Chiropractor Snelling Staffing (Metro ... Employment Agency WIGNTV Studios Media Company Mrs. Angela Maritim-Brooks Social Worker

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Roseville
    County
    Macomb
    State
    Michigan
    Longitude
    -82.92902
    Latitude
    42.50717

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    FAQs

    What type of property is this?
    Industrial property - Class C Office Building, High Income Potential
    Where is this industrial property located?
    The property is located at 18600 Florence St Roseville, MI.
    What is the asking price?
    The asking price for this property is $800,000.
    (586) 601-9830
    Request Owner's contact information
    18600 Florence St Roseville, MI 48066
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    Roseville, MI 48066
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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
    18600 Florence St Roseville, MI 48066
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