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Industrial Warehouse with 18-Foot Clear Height
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5140 Meijer Dr, Royal Oak, MI 48073

Industrial building offers 18’ clear height, an overhead door, and fully conditioned space plus ample surface parking.

Property Size8,257 SF
Price / SF$1.00
Days on Market29

Property Features for 5140 Meijer Dr

General Information

Standard status Active
Size 8,257 SF
Property subtype Industrial
Listing Agency: Detroit
Listed By: Gary Grochowski
Source: Colliers
Added: Jul 24 Changed: Aug 16 Last Checked: Aug 20 at 4:12AM

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 Detroit

Investment Insights

Based on property information with market context.

Industrial building available in Royal Oak, MI with approximately 25,507 SF overall and 18’ clear height. The property includes one overhead door and ample power, along with a fully conditioned area featuring both heating and air-conditioning throughout. Façade signage is available for tenant use.

A dedicated leasing opportunity of approximately 8,257 SF is available for long-term tenancy on the remainder of the building. The site provides 74 surface parking spaces.

Renovations are forthcoming, including painting the exterior facade, fixing/repairing the parking lot, upgrading landscaping, and completing related exterior improvements. This offering is well suited for an owner-user seeking a conditioned industrial setup with functional site parking.

Key Highlights

  • 25,507 SF industrial building with 18’ clear height
  • Includes 1 overhead door and ample power available
  • Fully conditioned space with heating and air‑conditioning throughout

Property Analytics

Current Use

C & N Party ... Party Supply Store

Suggested Use

Top Pick Law Firm Hotel & Motel Restaurant Garden Center (Bike/Boat/Book/etc) Store Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

776
Businesses Nearby
Well-served
Demand for This Use

Demographics for 48073, MI

33,658
Population
17,551
Households
1.9
Avg Household Size
39
Median Age
59%
College-Educated
97%
High-School Grad
7.4 sq mi
ZIP Area
4,548
Density / Sq Mi
$86,426
Median Household Income
$58,525
Median Earnings
$1,245
Median Rent
$302,800
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Warehouse - Industrial building offers 18’ clear height, an overhead door, and fully conditioned space plus ample surface parking.
Where is this warehouse located?
The property is located at 5140 Meijer Dr Royal Oak, MI.
What are key features of this property?
This property features: 25,507 SF industrial building with 18’ clear height; Includes 1 overhead door and ample power available; Fully conditioned space with heating and air‑conditioning throughout
More about this property
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