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    Light Industrial Warehouse with Mezzanine Title is generated by Realmo AI

    14050 OAKLAND ST, Highland Park, MI 48203

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    Move-in ready warehouse with reinforced concrete mezzanine, high-capacity power, and dedicated office and security space.

    Type:Industrial
    Property size:
    16,289 SF
    Lot size:
    1.10 Acres
    Price / SF:
    $110/SF
    Added:
    May 3, 2025
    Days on Market:
    421
    Last Refresh:
    Jun 20 at 10:12 am

    Property Features for 14050 OAKLAND ST

    General Information

    Standard status
    Active
    Size
    16,289 SF
    Lot size
    1.10 Acres
    Property subtype
    Industrial

    Building Details

    Year Built
    1953

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    Joseph Sesi
    Joseph Sesi

    Listing office EXP Realty Main

    Listing date May 3, 2025

    Source Crexi

    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 Main

    HighLights

    • Just over 1.1 acres with approx. 16,269 SF total space: 13,200 SF main level plus 3,089 SF reinforced concrete mezzanine
    • Warehouse layout includes large warehouse area, three offices, an IT room, and a security office
    • Equipped with 2,000 amps of 480‑volt, three‑phase power for high‑load operations
    • Light industrial zoning with room for expansion or outdoor storage
    • Fully vacant and move‑in ready
    • Located minutes from I‑75 and the Davison Freeway

    Overview

    This light industrial warehouse totals approximately 16,269 square feet, with 13,200 square feet on the main level and an additional 3,089 square feet reinforced concrete mezzanine designed to support high-load operations. The building includes a large warehouse area plus three offices, an IT room, and a security office. Electrical service is available with 2,000 amps of 480-volt, three-phase power. The property is fully vacant and move-in ready, with room for expansion or outdoor storage on the site.

    The site spans just over 1.1 acres and is described as being just minutes from I-75 and the Davison Freeway. The surrounding area includes major industrial and distribution users such as Eastown Distributors, Great Lakes Wine & Spirits, Budco, Motor City Seafood Company, and Coca-Cola Vending.

    With high-capacity 480-volt, three-phase power and a reinforced concrete mezzanine, this facility is positioned for manufacturing, distribution, or other operations that value strength and flexible space planning. The combination of warehouse depth and dedicated office, IT, and security space can support teams that need on-site administration alongside production or fulfillment activity. Zoning is identified as light industrial.

    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 $125.1k $7.68
    − Vacancy −$4.6k −$0.28
    EGI $120.5k $7.40
    − OpEx −$18.1k −$1.11
    NOI $102.4k $6.29
    16,289 SF · lease $7.68/SF/yr · vacancy 3.70% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $1.46M
    $1.28M – $1.71M (±1% cap)
    NOI $102,400 @ 7.0% cap · market cap 5.69%
    Second Best
    Industrial
    $1.20M
    $1.05M – $1.41M (±1% cap)
    NOI $84,330 @ 7.0% cap · market cap 4.69%
    Theoretical Best
    Specialty Retail
    $3.02M
    $2.64M – $3.52M (±1% cap)
    NOI $211,105 @ 7.0% cap · market cap 11.73%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Restaurant Real Estate Agency Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Highland Park
    County
    Wayne
    State
    Michigan
    Longitude
    -83.087804
    Latitude
    42.410709

    FAQs

    What type of property is this?
    Warehouse - Move-in ready warehouse with reinforced concrete mezzanine, high-capacity power, and dedicated office and security space.
    Where is this warehouse located?
    The property is located at 14050 OAKLAND ST Highland Park, MI.
    What is the asking price?
    The asking price for this property is $1,800,000.
    What are key features of this property?
    This property features: Just over 1.1 acres with approx. 16,269 SF total space: 13,200 SF main level plus 3,089 SF reinforced concrete mezzanine; Warehouse layout includes large warehouse area, three offices, an IT room, and a security office; Equipped with 2,000 amps of 480‑volt, three‑phase power for high‑load operations
    (248) 617-7777 Call to check price and availability
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