Industrial Building on 1.45
885 N Rochester Rd Clawson, MI
885 N Rochester Rd, Clawson, MI, 00000
Contact for pricing
For Sale
Contact for pricing
Well-maintained industrial building with ample parking and heavy power.
Property Size19,140 SF
Lot Size2.09 Acres
Price / SF$114.94
Days on Market477
Property Features for 885 N Rochester Rd
General Information
- Standard status
- Active
- Size
- 19,140 SF
- Lot size
- 2.09 Acres
- Property subtype
- INDUSTRIAL
Listing agency
JLL | Detroit
(248) 581-3366
Listed by
Robert Mihelich · License #6501237599
Source
Moodyscre
Added: Apr 1, 2025 Updated: Jul 10 at 11:38AM Checked: Jul 20 at 2:44AM
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 JLL | Detroit
Investment Insights
Based on property information with market context.
This well-maintained industrial building offers a single-tenant opportunity. The property features abundant parking with 65 spaces. The shop and offices are fully air-conditioned. It includes one grade-level door. The building was remodeled in 2010. Situated on a 1.45-acre lot, the property also features heavy 3-phase power. The building has 19,140 square feet of space.
Key Highlights
- Rare 1.45 acre lot
- Abundant parking with 65 spaces
- Heavy 3‑phase power
Local Financial Insights For Warehouse
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 | $140.7k | $7.35 |
| − Vacancy | −$5.2k | −$0.27 |
| EGI | $135.5k | $7.08 |
| − OpEx | −$20.3k | −$1.06 |
| NOI | $115.2k | $6.02 |
19,140 SF · lease $7.35/SF/yr · vacancy 3.70% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.65M
$1.44M – $1.92M
NOI $115,153 @ 7.0% cap · market cap 5.23%
Second Best
Industrial
$1.35M
$1.19M – $1.58M
NOI $94,832 @ 7.0% cap · market cap 4.31%
Theoretical Best
Specialty Retail
$4.13M
$3.61M – $4.82M
NOI $288,983 @ 7.0% cap · market cap 13.14%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Manufacturing properties
Similar For Sale Nearby
Similar Off Market Nearby
- Elmwood Garage Classic Car Storage — 671 E Elmwood Ave, Troy, MI 48083
- SmartStop Self Storage — 262 E Maple Rd, Troy, MI 48083
- Snell Self Storage — 1227 Rochester Rd, Troy, MI 48083
- Public Storage — 322 E Maple Rd, Troy, MI 48083
FAQs
What type of property is this?
Warehouse - Well-maintained industrial building with ample parking and heavy power.
Where is this warehouse located?
The property is located at 885 N Rochester Rd Clawson, MI.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Rare 1.45 acre lot; Abundant parking with 65 spaces; Heavy 3‑phase power
