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    32637 Groesbeck Hwy Fraser, MI 48026

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    For Sale
    $2,500,000

    Two industrial buildings totaling 27,840 SF with yard space.

    Property size:
    27,840 SF

    Property Features for 32637 Groesbeck Hwy

    General Information

    Size
    27,840 SF

    Building Details

    Year built
    1966

    Source: Giancarlo Pinterpe Agent Giancarlo Pinterpe

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Industrial Buildings with Yard

    Two industrial buildings are available for sale, located west of I-94. The North Building, comprising 13,920 square feet, includes 1,200 square feet of dedicated office space and a 12,720-square-foot open shop layout. Renovated in 2022, it features a 17-foot clear height and one 12'x14' overhead door, with room to add another. Supplemental yard space is included. The South Building is a 15,360-square-foot facility with 5,520 square feet of office space, including a 1,440-square-foot mezzanine. It also features a 17-foot clear height and two overhead doors, sized 12'x14' and 10'x12'. Dedicated yard space is available for exterior storage or operations. Both buildings feature a 17-foot clear height and a combined 1.2 acres of yard space, with two points of ingress and egress. The property has a combined 217 feet of frontage on Groesbeck Highway and offers easy access to I-94 and I-696.
    Insight Report Location Intelligence

    Current Use by Public Records

    SupplyDen Fraser Janitorial Equipment Supplier

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Similar Places Nearby

    Public Storage, Added Room Self Storage, Patriot Moving Systems LLC

    Location Insight

    • Map
    • Local Demand
    City
    Fraser
    County
    Macomb
    State
    Michigan
    Longitude
    -82.938406
    Latitude
    42.536536

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    FAQs

    What type of property is this?
    Warehouse - Two industrial buildings totaling 27,840 SF with yard space.
    Where is this warehouse located?
    The property is located at 32637 Groesbeck Hwy Fraser, MI.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: - Like-new condition due to full renovation in 2022 (North Building); - 17-foot clear height in both buildings; - Combined 1.2 acres of yard space for exterior storage or operations
    (248) 561-5748
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    32637 Groesbeck Hwy Fraser, MI 48026
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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
    32637 Groesbeck Hwy Fraser, MI 48026
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