Industrial Manufacturing Facility with
15260 Common Road, Roseville, MI 48066
For Sale
Contact for pricing
Single-story industrial space offers overhead cranes, multiple loading configurations, and two electrical services.
Property Size149,418 SF
Lot Size7.26 Acres
Price / SF$113.77
Days on Market15
Property Features for 15260 Common Road
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Site & Location
Highway Access
Road Access
Warehouse & Industrial
Clear Height
Dock-High Doors
Drive-In Doors
Additional Details
Asking Price
Property Use
Building Details
Buildings
Stories
Building Size
Listed By:
Tony Avendt · License MI #6505364223
Source:
Crexi
Added: Oct 26
Changed: Nov 9
Last Checked: Nov 9 at 1:48PM
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 Tony Avendt
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Investment Insights
Based on property information with market context.
A 149,418-square-foot, single-story manufacturing facility occupies 7.26 acres and is offered for owner use. Interior clear heights range from 18 feet to 37 feet. The building is equipped with six cranes, seven truck wells, and eight grade-level doors, along with two electrical services. The property is zoned I2: General Industrial.
Access is available from both Common Road and Calahan Road. The facility is less than 2 miles from I-696.
Access is available from both Common Road and Calahan Road. The facility is less than 2 miles from I-696.
Key Highlights
- 149,418 SF single‑story manufacturing facility on 7.26 acres
- 18' to 37' clear heights
- Six cranes, seven truck wells, and eight grade‑level doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$726,724
Cap Rate
4.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$14,534,480
$14.5M
Cap Rate 7%
$10,381,771
$10.4M
Cap Rate 9%
$8,074,711
$8.1M
Market Conditions
NOI Build-Up for 149,418 SF
Gross rent
$1.09M $7.32/SF
− Vacancy
−$55.6K −$0.37/SF
EGI
$1.04M $6.95/SF
− OpEx
−$311.5K −$2.08/SF
NOI
$726.7K $4.86/SF
Area
Macomb County, MI
Vacancy
5.08%
Lease Rate
$7.32 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$14,534,480
Cap Rate 7%
$10,381,771
Cap Rate 9%
$8,074,711
Alternative Uses
Best Use
Industrial
$10.38M
$9.08M – $12.11M
NOI $726,724 @ 7.0% cap · market cap 4.27%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$27.97M
$24.48M – $32.64M
NOI $1,958,142 @ 7.0% cap · market cap 11.52%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
37 ft
Clear height
7
Dock-high doors
8
Drive-in doors
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
326
Businesses Nearby
Explore this area
Business Placement
Demographics for 48066, MI
47,789
Population
22,116
Households
2.2
Avg Household Size
39
Median Age
15%
College-Educated
90%
High-School Grad
9.9 sq mi
ZIP Area
4,827
Density / Sq Mi
$61,222
Median Household Income
$38,978
Median Earnings
$1,175
Median Rent
$142,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Manufacturing properties in Macomb County, MI
Properties on Market for Manufacturing properties in Macomb County
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Manufacturing property - Single-story industrial space offers overhead cranes, multiple loading configurations, and two electrical services.
Where is this manufacturing property located?
The property is located at 15260 Common Road Roseville, MI.
What is the asking price?
The asking price for this property is $17,000,000.
What are key features of this property?
This property features: 149,418 SF single‑story manufacturing facility on 7.26 acres; 18' to 37' clear heights; Six cranes, seven truck wells, and eight grade‑level doors
