Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    17505 Helro Drive Fraser, MI 48026

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $6 SF/Yr

    4,900 SF warehouse with office space for lease.

    Type:Industrial
    Property size:
    4,900 SF
    Added:
    Mar 5, 2026
    Days on Market:
    28
    Last Refresh:
    Mar 25 at 8:44 pm

    Property Features for 17505 Helro Drive

    General Information

    Standard status
    Active
    Size
    4,900 SF
    Property subtype
    Industrial

    Spaces For Lease

    at 17505 Helro Drive Contact us

    We can help!

    Listing Contact
    Jason Capitani, SIOR, CCIM

    Listing agent Jason Capitani, SIOR, CCIM

    Listing office L. Mason Capitani, Inc.

    Listing date Mar 5, 2026

    Source Corfac

    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.

    Overview

    Fraser Warehouse with Office Space

    This 4,900-square-foot warehouse includes 1,190 square feet of office space. The warehouse currently features a drop ceiling throughout, which can be removed. There is additional office space built out on the second floor, which is not included in the square footage. Expansion possibilities exist for this property. The quoted rate is $6.95/SF for the first 3 months, increasing to $8.25/SF thereafter.
    Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Quick Fast Moving LLC — 17630 Sewel Ave, Fraser, MI 48026
    • Public Storage — 31505 Groesbeck Hwy, Fraser, MI 48026
    • Added Room Self Storage — 31400 Kendall, Fraser, MI 48026
    • Patriot Moving Systems LLC — 31400 Kendall, Fraser, MI 48026
    • Public Storage — 32775 Groesbeck Hwy, Fraser, MI 48026

    Location Insight

    • Map
    • Local Demand
    City
    Fraser
    County
    Macomb
    State
    Michigan
    Longitude
    -82.9497
    Latitude
    42.5384

    Nearby Similar for Lease

    • Contact for pricing

      Fraser Office Space For Rent

      Office space for rent in high-traffic Fraser location.
      16000-16078 15 Mile, Fraser, MI 48026
      View Details
    • $20/mo

      Retail Space Available For Lease

      Retail space for lease with building and monument signage.
      15210-15260 15 Mile Road, Fraser, MI 48026
      View Details
    • $9/mo

      Multi-Tenant Retail Center For Lease

      9,768 SF retail center with high visibility and traffic.
      32008-32056 Utica Rd, Fraser, MI 48026
      View Details
    • $22/mo

      Retail Space in High-Traffic Area

      1,167 SF retail space with excellent parking and high visibility.
      Fraser, MI 48026
      View Details
    • $8/mo

      Fraser Warehouse Space Available

      5,130 SF warehouse space for lease in Fraser, Michigan.
      17560 Helro, Fraser, MI
      View Details
    • $8/mo

      Fraser Flex/Industrial Space Available

      Flex/Industrial space available for lease in Fraser, Michigan.
      32205 Groesbeck Hwy, Fraser, MI
      View Details
    • Contact for pricing

      Renovated Flex Space with Office

      4,800 SF flex space with office and grade-level door.
      33155 Groesbeck Highway, Fraser, MI 48026
      View Details
    • $10/mo

      Renovated Retail Center on Groesbeck

      Up to 10,773 SF available in renovated retail center.
      33100-33192 Groesbeck Hwy, Fraser, MI
      View Details
    • Contact for pricing

      Fraser Office Space Available

      Office space available for rent in Fraser, Michigan.
      33419 Kelly Road, Fraser, MI 48026
      View Details
    • $9/mo

      Office Space For Lease

      Up to 3,990 SF of office space for lease.
      18070 15 Mile Rd, Fraser, MI
      View Details
    • $7/mo

      Fraser Warehouse Space Available

      15,720 square foot warehouse space for lease in Fraser.
      33835 Kelly Road, Fraser, MI
      View Details
    • Contact for pricing

      Retail/Office Space on Groesbeck Hwy

      1,250 SF retail/office space with high traffic visibility.
      33810 Groesbeck Hwy, Fraser, MI 48035
      View Details

    FAQs

    What type of property is this?
    Warehouse - 4,900 SF warehouse with office space for lease.
    Where is this warehouse located?
    The property is located at 17505 Helro Drive Fraser, MI.
    What is the lease rate?
    The lease rate is $6 SF/Yr.
    What are key features of this property?
    This property features: 4,900 Sq. Ft. Warehouse For Lease; Features 1,190 Sq. Ft. of Office Space; Additional 2nd Floor Office (Bonus Square Footage)
    (248) 637-7684
    We can help!
    Listing Contact
    Jason Capitani, SIOR, CCIM
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!