Manufacturing Building with
For Sale
Contact for pricing
14551 E 9 Mile Rd, Eastpointe, MI 48021
Industrial facility with multiple lifting cranes, a 25 HP compressor, and air lines throughout.
Property Size13,138 SF
Price / SF$0.00
Days on Market190
Property Features for 14551 E 9 Mile Rd
General Information
Standard status
Active
Size
13,138 SF
Property subtype
Industrial
Zoning
L-Industrial
Building Details
Building Size
13,138 SF
Year Built
1946
Listing Agency:
Signature Associates - Southfield
Listed By:
Joe Stack
(248) 359-0615
Source:
Cpix.resimplifi
Added: Apr 10
Changed: Sep 10
Last Checked: Oct 14 at 7:49PM
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 13,138-square-foot manufacturing building was constructed in 1946 and is zoned L-Industrial. The facility includes nine cranes with varied capacities: two rated at 15 tons, plus one each rated at 5 tons, 3 tons, and 2 tons, along with four additional cranes identified in the property information. A 25 HP compressor and air lines throughout the building support manufacturing operations. Substantial improvements are currently underway.
Key Highlights
- 13,138‑square‑foot manufacturing building
- Nine cranes, including two 15‑ton units and cranes rated at 5, 3, and 2 tons
- 25 HP compressor with air lines throughout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$70,842
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,416,840
$1.4M
Cap Rate 7%
$1,012,029
$1.0M
Cap Rate 9%
$787,133
$787.1K
Market Conditions
NOI Build-Up for 13,138 SF
Gross rent
$107.2K $8.16/SF
− Vacancy
−$6.0K −$0.46/SF
EGI
$101.2K $7.70/SF
− OpEx
−$30.4K −$2.31/SF
NOI
$70.8K $5.39/SF
Area
Macomb County, MI
Vacancy
5.60%
Lease Rate
$8.16 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,416,840
Cap Rate 7%
$1,012,029
Cap Rate 9%
$787,133
Alternative Uses
Best Use
Industrial
$1.01M
$885.5K – $1.18M
NOI $70,842 @ 7.0% cap · market cap 791,530.73%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.46M
$2.15M – $2.87M
NOI $172,175 @ 7.0% cap · market cap 1,923,743.02%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
301
Businesses Nearby
Explore this area
Business Placement
Demographics for 48021, MI
34,244
Population
14,124
Households
2.4
Avg Household Size
37
Median Age
15%
College-Educated
89%
High-School Grad
5.1 sq mi
ZIP Area
6,715
Density / Sq Mi
$58,196
Median Household Income
$35,836
Median Earnings
$1,335
Median Rent
$129,100
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 - Industrial facility with multiple lifting cranes, a 25 HP compressor, and air lines throughout.
Where is this manufacturing property located?
The property is located at 14551 E 9 Mile Rd Eastpointe, MI.
What are key features of this property?
This property features: 13,138‑square‑foot manufacturing building; Nine cranes, including two 15‑ton units and cranes rated at 5, 3, and 2 tons; 25 HP compressor with air lines throughout
