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1109 Decker Rd, Walled Lake, MI, 48390
Industrial Warehouse with Office

1109 Decker Rd Walled Lake, MI 48390

For Sale
Contact for pricing

49,252 SF facility with up to 16' clear height, featuring a warehouse plus dedicated office space on 5.62 acres.

Property Size49,252 SF
Lot Size5.62 Acres
Price / SF$55.84
Days on Market119

Property Features for 1109 Decker Rd

General Information

Standard status
Active
Size
49,252 SF
Lot size
5.62 Acres
Property subtype
INDUSTRIAL
Listing Agency: CBRE | Detroit
Listed By: Joseph Hauska
Source: Moodyscre
Added: Mar 31 Changed: Jul 26 Last Checked: Jul 26 at 3:16AM

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 CBRE | Detroit


Investment Insights

Based on property information with market context.

A 49,252 SF industrial facility offering a warehouse with dedicated office space. The available space totals 45,310 SF of warehouse area and 3,942 SF of office. Clear height reaches up to 16 feet, supporting a range of manufacturing, storage, and distribution uses.

The property is located at 1109 Decker Rd in Walled Lake, MI. It sits on 5.62 acres and is described as being close to the M-5, I-96, and I-275 interchange. Zoning is I-1.

For buyers seeking an industrial building configuration that combines warehouse space with on-site office, the layout supports on-site operations and coordination between production and administrative functions.

Key Highlights

  • 49,252 SF industrial facility with 45,310 SF warehouse and 3,942 SF dedicated office space
  • Up to 16' clear height for warehouse use
  • 5.62‑acre site

Financial Insights For Industrial

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 $362.0k $7.35
− Vacancy −$13.4k −$0.27
EGI $348.6k $7.08
− OpEx −$104.6k −$2.12
NOI $244.0k $4.95
49,252 SF · lease $7.35/SF/yr · vacancy 3.70% · expense 30.00%

Alternative Uses

Best Use
Warehouse
$4.23M
$3.70M – $4.94M (±1% cap)
NOI $296,317 @ 7.0% cap · market cap 10.78%
Second Best
Industrial
$3.49M
$3.05M – $4.07M (±1% cap)
NOI $244,026 @ 7.0% cap · market cap 8.87%
Theoretical Best
Specialty Retail
$10.62M
$9.30M – $12.39M (±1% cap)
NOI $743,626 @ 7.0% cap · market cap 27.04%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

goods for good,inc Charitable Organization

Suggested Use

Real Estate Agency Big Box & Wholesale Store Building Supply Restaurant Spa & Massage Center Hair Salon Auto Parts Store Law Firm Storage Facility Garden Center

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

FAQs

What type of property is this?
Manufacturing property - 49,252 SF facility with up to 16' clear height, featuring a warehouse plus dedicated office space on 5.62 acres.
Where is this manufacturing property located?
The property is located at 1109 Decker Rd Walled Lake, MI.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: 49,252 SF industrial facility with 45,310 SF warehouse and 3,942 SF dedicated office space; Up to 16' clear height for warehouse use; 5.62‑acre site
(248) 936-6813 Call to check price and availability
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