Warehouse with Office
For Sale
$1,925,000
16600 E Thirteen Mile Rd, Roseville, MI 48066
24,750 SF warehouse for sale with clean shop, beautiful offices, and a roof under five years old.
Property Size24,750 SF
Price / SF$77.78
Days on Market96
Property Features for 16600 E Thirteen Mile Rd
General Information
Standard status
Active
Size
24,750 SF
Property subtype
Industrial
Zoning
I-2
Building Details
Building Size
24,750 SF
Listing Agency:
L. Mason Capitani, Inc.
Listed By:
Thomas Jablonski
(248) 637-7794
Source:
Cpix.resimplifi
Added: Jul 7
Changed: Oct 2
Last Checked: Oct 9 at 4:21PM
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 L. Mason Capitani, Inc.
Investment Insights
Based on property information with market context.
This for-sale warehouse totals 24,750 square feet and features a clean facility with office space and a well-presented shop area. The entire shop is craned, supporting flexible material handling for occupants. Power is described as well distributed throughout the building, and the roof is less than five years old.
The property is located at 16600 E Thirteen Mile Rd, Roseville, MI 48066, offering a straightforward industrial layout with office buildout already in place.
The property is located at 16600 E Thirteen Mile Rd, Roseville, MI 48066, offering a straightforward industrial layout with office buildout already in place.
Key Highlights
- 24,750 SF warehouse for sale
- Clean shop and entire shop craned
- Beautiful office space included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$162,053
Cap Rate
8.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,241,060
$3.2M
Cap Rate 7%
$2,315,043
$2.3M
Cap Rate 9%
$1,800,589
$1.8M
Market Conditions
NOI Build-Up for 24,750 SF
Gross rent
$202.0K $8.16/SF
− Vacancy
−$11.3K −$0.46/SF
EGI
$190.7K $7.70/SF
− OpEx
−$28.6K −$1.16/SF
NOI
$162.1K $6.55/SF
Area
Macomb County, MI
Vacancy
5.60%
Lease Rate
$8.16 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,241,060
Cap Rate 7%
$2,315,043
Cap Rate 9%
$1,800,589
Alternative Uses
Best Use
Warehouse
$2.32M
$2.03M – $2.70M
NOI $162,053 @ 7.0% cap · market cap 8.42%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$4.63M
$4.05M – $5.41M
NOI $324,352 @ 7.0% cap · market cap 16.85%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
589
Businesses Nearby
Balanced
Demand for This Use
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Midwest region
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Similar Off Market Nearby
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- Patriot Moving Systems LLC — 31400 Kendall, Fraser, MI 48026
- Added Room Self Storage — 31400 Kendall, Fraser, MI 48026
- Public Storage — 31505 Groesbeck Hwy, Fraser, MI 48026
Frequently Asked Questions
What type of property is this?
Warehouse - 24,750 SF warehouse for sale with clean shop, beautiful offices, and a roof under five years old.
Where is this warehouse located?
The property is located at 16600 E Thirteen Mile Rd Roseville, MI.
What is the asking price?
The asking price for this property is $1,925,000.
What are key features of this property?
This property features: 24,750 SF warehouse for sale; Clean shop and entire shop craned; Beautiful office space included
