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    Undisclosed Address Oakland, MI 48320

    For Sale
    $4,500,000

    High-revenue, turnkey operation in Oakland, MI

    Property size:
    3,537 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional opportunity presents a rare chance to acquire a thriving, freestanding industrial provisioning center in Oakland, MI. Located in a high-income suburban area, this 3,537 square foot building sits on a 0.48-acre lot and boasts a prime location within a select group of similar facilities. Opened in late 2021, the center has demonstrated consistent monthly sales growth, currently averaging approximately $600,000 per month. The business operates with a significantly higher-than-average gross profit margin of around 60%, offering substantial value-add potential. The sale includes the option to purchase the business license and real estate, or to lease the real estate separately. Approximately $1 million in inventory is also available for purchase. The property features 22 parking spaces, plus ample street parking, and a prominent monument sign for optimal brand visibility. The building itself is a brand-new, ground-up construction completed in 2021. Its strategic location benefits from a dense, high-income residential population and proximity to several national and regional businesses. This turnkey operation presents a unique investment opportunity with significant upside potential.

    Property Features for Undisclosed Address

    General Information

    Property type
    Industrial properties
    Square Feet
    3,537 SF
    Lot Size
    20,909 SF

    Building Details

    Year Built
    1920
    Property Profile Location Intelligence

    Current Use by Public Records

    Industrial properties

    Map

    City
    Oakland
    County
    Oakland
    State
    Michigan
    Longitude
    -83.3389
    Latitude
    42.6097

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    FAQs

    What type of property is this?
    Industrial property - High-revenue, turnkey operation in Oakland, MI
    Where is this industrial property located?
    The property is located at Undisclosed Address Oakland, MI.
    What is the asking price?
    The asking price for this property is $4,500,000.
    (248) 220-1110
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    Undisclosed Address Oakland, MI 48320
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    Oakland, MI 48320
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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
    Undisclosed Address Oakland, MI 48320
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