Manufacturing Building with Fenced
For Sale
Contact for pricing
12642 Richfield Ct, Livonia, MI 48150
Manufacturing facility offering a large fenced yard and crane rails, with two overhead doors.
Property Size42,121 SF
Price / SF$0.00
Days on Market283
Property Features for 12642 Richfield Ct
General Information
Standard status
Active
Size
42,121 SF
Property subtype
Industrial
Zoning
Heavy Industrial
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Building Details
Building Size
42,121 SF
Year Built
1965
Listing Agency:
Signature Associates - Southfield
Listed By:
Steven G. Gordon
(248) 948-0101
Source:
Cpix.resimplifi
Added: Jan 15
Changed: Oct 3
Last Checked: Oct 24 at 1:42PM
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 Signature Associates - Southfield
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Investment Insights
Based on property information with market context.
This manufacturing building includes a large, fenced-in yard designed for secured outdoor storage or material staging. Interior improvements include bus duct, and the facility is set up with 10-ton bridge crane rails, with cranes indicated as possible. The building also features two overhead doors.
Electrical availability is estimated, and additional electrical service may need to be confirmed prior to use. The property is located near the I-96 and I-275 expressways, providing convenient regional access.
This is a functional industrial option for operations that benefit from yard space, overhead loading, and crane-capable infrastructure.
Electrical availability is estimated, and additional electrical service may need to be confirmed prior to use. The property is located near the I-96 and I-275 expressways, providing convenient regional access.
This is a functional industrial option for operations that benefit from yard space, overhead loading, and crane-capable infrastructure.
Key Highlights
- Manufacturing facility built in 1965
- Large fenced‑in yard included
- 10‑ton bridge crane rails available
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$218,064
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,361,280
$4.4M
Cap Rate 7%
$3,115,200
$3.1M
Cap Rate 9%
$2,422,933
$2.4M
Market Conditions
NOI Build-Up for 42,121 SF
Gross rent
$323.5K $7.68/SF
− Vacancy
−$12.0K −$0.28/SF
EGI
$311.5K $7.40/SF
− OpEx
−$93.5K −$2.22/SF
NOI
$218.1K $5.18/SF
Area
Wayne County, MI
Vacancy
3.70%
Lease Rate
$7.68 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,361,280
Cap Rate 7%
$3,115,200
Cap Rate 9%
$2,422,933
Alternative Uses
Best Use
Industrial
$3.12M
$2.73M – $3.63M
NOI $218,064 @ 7.0% cap · market cap 3,354,830.77%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$7.80M
$6.82M – $9.10M
NOI $545,888 @ 7.0% cap · market cap 8,398,276.92%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
537
Businesses Nearby
Explore this area
Business Placement
Demographics for 48150, MI
26,573
Population
10,724
Households
2.5
Avg Household Size
42
Median Age
36%
College-Educated
96%
High-School Grad
12.1 sq mi
ZIP Area
2,196
Density / Sq Mi
$94,058
Median Household Income
$50,779
Median Earnings
$1,328
Median Rent
$228,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Manufacturing property - Manufacturing facility offering a large fenced yard and crane rails, with two overhead doors.
Where is this manufacturing property located?
The property is located at 12642 Richfield Ct Livonia, MI.
What are key features of this property?
This property features: Manufacturing facility built in 1965; Large fenced‑in yard included; 10‑ton bridge crane rails available
