Freestanding Flex Space
For Sale
Contact for pricing
12305 Beech Daly Road, Taylor, MI 48180
I-1 industrial zoning, paved parking, and a large site support varied commercial operations and future expansion.
Property Size3,879 SF
Lot Size4.83 Acres
Price / SF$128.21
Days on Market10
Property Features for 12305 Beech Daly Road
General Information
Standard status
Active
Size
3,879 SF
Total Parking Spaces
53
Lot size
4.83 Acres
Property subtype
Industrial
Zoning
I-1 (Industrial)
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
1983
Year Renovated
2015
Buildings
1
Building Size
3,879 SF
Listing Agency:
Exp Realty
(313) 600-6189
Listed By:
Jay Naim · License #6501426431
Source:
Crexi
Added: Jul 31
Changed: Aug 4
Last Checked: Aug 9 at 7:51AM
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 Exp Realty
Investment Insights
Based on property information with market context.
This freestanding flex space property sits on approximately 4.83 acres and includes a well-maintained commercial building constructed in 1983. The site has a large paved parking area, approximately 230 feet of road frontage, and substantial depth for additional improvements or redevelopment, subject to municipal approval. I-1 Industrial zoning supports a range of permitted industrial applications, with the City of Taylor serving as the authority for zoning and use verification.
Located at 12305 Beech Daly Road in Taylor, Michigan, the property is positioned just north of Northline and provides access to I-94, I-75, Telegraph Road, Detroit Metropolitan Wayne County Airport, and regional transportation routes. The expansive parcel can accommodate operational needs such as equipment or material storage, fleet parking, and future building development, subject to applicable approvals.
Located at 12305 Beech Daly Road in Taylor, Michigan, the property is positioned just north of Northline and provides access to I-94, I-75, Telegraph Road, Detroit Metropolitan Wayne County Airport, and regional transportation routes. The expansive parcel can accommodate operational needs such as equipment or material storage, fleet parking, and future building development, subject to applicable approvals.
Key Highlights
- Approximately 4.83 acres with approximately 230 feet of road frontage
- I‑1 (Industrial) zoning
- Well‑maintained freestanding commercial building constructed in 1983
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$24,607
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.92%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$492,140
$492.1K
Cap Rate 7%
$351,529
$351.5K
Cap Rate 9%
$273,411
$273.4K
Market Conditions
NOI Build-Up for 3,900 SF
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.
Gross rent
$39.3K $10.08/SF
− Vacancy
−$1.5K −$0.37/SF
EGI
$37.9K $9.71/SF
− OpEx
−$13.3K −$3.40/SF
NOI
$24.6K $6.31/SF
Area
Wayne County, MI
Vacancy
3.70%
Lease Rate
$10.08 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$492,140
Cap Rate 7%
$351,529
Cap Rate 9%
$273,411
Alternative Uses
Best Use
Flex RnD
$351.5K
$307.6K – $410.1K
NOI $24,607 @ 7.0% cap · market cap 4.92%
Second Best
Warehouse
$350.2K
$306.5K – $408.6K
NOI $24,517 @ 7.0% cap · market cap 4.90%
Theoretical Best
Specialty Retail
$722.1K
$631.8K – $842.4K
NOI $50,544 @ 7.0% cap · market cap 10.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
249
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 48180, MI
63,409
Population
26,741
Households
2.4
Avg Household Size
39
Median Age
16%
College-Educated
87%
High-School Grad
23.6 sq mi
ZIP Area
2,687
Density / Sq Mi
$59,537
Median Household Income
$40,090
Median Earnings
$1,036
Median Rent
$141,200
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - I-1 industrial zoning, paved parking, and a large site support varied commercial operations and future expansion.
Where is this flex space located?
The property is located at 12305 Beech Daly Road Taylor, MI.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Approximately 4.83 acres with approximately 230 feet of road frontage; I‑1 (Industrial) zoning; Well‑maintained freestanding commercial building constructed in 1983
