Industrial Warehouse with Grade Level
For Sale
Contact for pricing
150 Osmun Street, Pontiac, MI 48342
Industrial warehouse on 2.3-acre M-1 site with two grade level doors and a loading dock.
Property Size16,000 SF
Lot Size2.30 Acres
Price / SF$75
Days on Market198
Property Features for 150 Osmun Street
General Information
Standard status
Active
Size
16,000 SF
Lot size
2.30 Acres
Property subtype
Industrial
Zoning
M-1
Lease Type
NNN
Warehouse & Industrial
Dock-High Doors
1
Drive-In Doors
2
Additional Details
Road Access
Yes
Building Details
Year Built
1970
Tenancy
Multi
Listing Agency:
NAI Farbman Southfield
Listed By:
Harrison Yaldoo · License #MI 6501433927
(313) 953-0430
Source:
Crexi
Added: Apr 15
Changed: Oct 25
Last Checked: Oct 28 at 7:16AM
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 NAI Farbman Southfield
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Investment Insights
Based on property information with market context.
This industrial warehouse at 150 Osmun Street offers a total of 16,000 SF and sits on a 2.3-acre parcel zoned M-1. The space features (2) grade level doors and (1) loading dock to support practical loading and receiving operations.
The property has direct access off Woodward Ave and Auburn Ave. It is also described as being in close proximity to Downtown Pontiac and the M1 Concourse.
The property has direct access off Woodward Ave and Auburn Ave. It is also described as being in close proximity to Downtown Pontiac and the M1 Concourse.
Key Highlights
- 16,000 SF industrial space for sale or lease
- Located on a 2.3‑acre site zoned M‑1
- Includes (2) grade level doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$96,261
Cap Rate
8.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,925,220
$1.9M
Cap Rate 7%
$1,375,157
$1.4M
Cap Rate 9%
$1,069,567
$1.1M
Market Conditions
NOI Build-Up for 16,000 SF
Gross rent
$117.6K $7.35/SF
− Vacancy
−$4.4K −$0.27/SF
EGI
$113.2K $7.08/SF
− OpEx
−$17.0K −$1.06/SF
NOI
$96.3K $6.02/SF
Area
Oakland County, MI
Vacancy
3.70%
Lease Rate
$7.35 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,925,220
Cap Rate 7%
$1,375,157
Cap Rate 9%
$1,069,567
Alternative Uses
Best Use
Warehouse
$1.38M
$1.20M – $1.60M
NOI $96,261 @ 7.0% cap · market cap 8.02%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.45M
$3.02M – $4.03M
NOI $241,574 @ 7.0% cap · market cap 20.13%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
1
Dock-high doors
2
Drive-in doors
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
400
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 48342, MI
18,685
Population
7,559
Households
2.5
Avg Household Size
33
Median Age
10%
College-Educated
76%
High-School Grad
5.2 sq mi
ZIP Area
3,593
Density / Sq Mi
$33,750
Median Household Income
$29,970
Median Earnings
$851
Median Rent
$90,600
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
Similar Off Market Nearby
- Paddock Vehicle Storage — 339 S Paddock St, Pontiac, MI 48342
- Kariden Ashley Wine Company — Perry St, Pontiac, MI 48342
- My Toy Garage — 145 E Pike St, Pontiac, MI 48342
Frequently Asked Questions
What type of property is this?
Warehouse - Industrial warehouse on 2.3-acre M-1 site with two grade level doors and a loading dock.
Where is this warehouse located?
The property is located at 150 Osmun Street Pontiac, MI.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 16,000 SF industrial space for sale or lease; Located on a 2.3‑acre site zoned M‑1; Includes (2) grade level doors
