Fully Air-Conditioned Light Industrial
1655 W Hamlin Rd Rochester Hills, MI 48309
For Sale
Contact for pricing
Light industrial building totaling 30,000 SF and fully air-conditioned, positioned in a high-occupancy market.
Property Size30,000 SF
Price / SF$113.17
Days on Market485
Property Features for 1655 W Hamlin Rd
General Information
Standard status
Active
Size
30,000 SF
Property subtype
INDUSTRIAL
Listing Agency:
Hayman Company
(248) 879-7777
Listed By:
Lawrence Randazzo · License #6502355529
Source:
Moodyscre
Added: Apr 2, 2025
Changed: Jul 28
Last Checked: Jul 29 at 3:39PM
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 Hayman Company
Investment Insights
Based on property information with market context.
This 30,000 SF light industrial building is fully air-conditioned, providing a controlled indoor environment for a range of industrial uses. The property is offered for sale.
The building is located in a high-occupancy market, supporting demand for industrial space in the area.
With its light industrial configuration and complete HVAC coverage, the space is suited for tenants seeking dependable climate control within a dedicated industrial facility.
The building is located in a high-occupancy market, supporting demand for industrial space in the area.
With its light industrial configuration and complete HVAC coverage, the space is suited for tenants seeking dependable climate control within a dedicated industrial facility.
Key Highlights
- 30,000 SF light industrial building
- Fully air‑conditioned
- Located in a high‑occupancy market
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 | $220.5k | $7.35 |
| − Vacancy | −$8.2k | −$0.27 |
| EGI | $212.3k | $7.08 |
| − OpEx | −$31.9k | −$1.06 |
| NOI | $180.5k | $6.02 |
30,000 SF · lease $7.35/SF/yr · vacancy 3.70% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$2.58M
$2.26M – $3.01M
NOI $180,490 @ 7.0% cap · market cap 5.32%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$6.47M
$5.66M – $7.55M
NOI $452,952 @ 7.0% cap · market cap 13.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- iStorage — 2570 Crooks Rd, Rochester Hills, MI 48309
- Public Storage — 1920 Enterprise Dr, Rochester Hills, MI 48309
- HillTop Data Services — 2187 Avon Industrial Dr, Rochester Hills, MI 48309
- CubeSmart Self Storage — 1790 S Livernois Rd, Rochester Hills, MI 48307
- Public Storage — 2105 Avon Industrial Dr, Rochester Hills, MI 48309
Frequently Asked Questions
What type of property is this?
Warehouse - Light industrial building totaling 30,000 SF and fully air-conditioned, positioned in a high-occupancy market.
Where is this warehouse located?
The property is located at 1655 W Hamlin Rd Rochester Hills, MI.
What is the asking price?
The asking price for this property is $3,395,000.
What are key features of this property?
This property features: 30,000 SF light industrial building; Fully air‑conditioned; Located in a high‑occupancy market
