Industrial Warehouse End
1960 W West Maple, Walled Lake, MI 48390
For Sale
Contact for pricing
Front office space includes private restrooms, with warehouse space behind it.
Property Size7,100 SF
Price / SF$0.00
Days on Market31
Property Features for 1960 W West Maple
General Information
Standard status
Size
Site & Location
Highway Access
Road Access
Amenities
roll-up door
ensuite restrooms
Listing Agency:
GRI Homes for Today
(248) 234-6789
Listed By:
Tjader Gerdom · License MI #6502357230
(248) 515-7606
Source:
Brendaharrisgroup
Added: Oct 11
Changed: Nov 7
Last Checked: Nov 10 at 7:33AM
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 GRI Homes for Today
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 7,100-square-foot industrial end cap pairs a front office with private restrooms and warehouse space. A rear roll-up door provides access to the warehouse area.
The property is on West Maple Road, just west of Benstein Road. M-5, I-96, I-275, and I-696 are each less than a 10-minute drive away.
The property is on West Maple Road, just west of Benstein Road. M-5, I-96, I-275, and I-696 are each less than a 10-minute drive away.
Key Highlights
- 7,100 SF industrial end cap
- Warehouse area with one rear roll‑up door
- Front office with ensuite restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,178
Suggested Prices Based on Cap Rates
Cap Rate 5%
$703,560
$703.6K
Cap Rate 7%
$502,543
$502.5K
Cap Rate 9%
$390,867
$390.9K
Market Conditions
NOI Build-Up for 7,100 SF
Gross rent
$52.2K $7.35/SF
− Vacancy
−$1.9K −$0.27/SF
EGI
$50.3K $7.08/SF
− OpEx
−$15.1K −$2.12/SF
NOI
$35.2K $4.95/SF
Area
Oakland County, MI
Vacancy
3.70%
Lease Rate
$7.35 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$703,560
Cap Rate 7%
$502,543
Cap Rate 9%
$390,867
Alternative Uses
Best Use
Warehouse
$610.2K
$534.0K – $711.9K
NOI $42,716 @ 7.0% cap
Second Best
Industrial
$502.5K
$439.7K – $586.3K
NOI $35,178 @ 7.0% cap
Theoretical Best
Specialty Retail
$1.53M
$1.34M – $1.79M
NOI $107,199 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
317
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 48390, MI
24,273
Population
10,995
Households
2.2
Avg Household Size
44
Median Age
43%
College-Educated
96%
High-School Grad
12.5 sq mi
ZIP Area
1,942
Density / Sq Mi
$89,411
Median Household Income
$53,442
Median Earnings
$1,575
Median Rent
$287,900
Median Home Value
Market
Average Price Trend$/SF for Warehouses in Oakland County, MI
Properties on Market for Warehouses in Oakland County
Vacancy Rate% for Industrial in Midwest region
Similar Off Market Nearby
- Public Storage — 1901 E West Maple Rd, Walled Lake, MI 48390
Frequently Asked Questions
What type of property is this?
Warehouse - Front office space includes private restrooms, with warehouse space behind it.
Where is this warehouse located?
The property is located at 1960 W West Maple Walled Lake, MI.
What are key features of this property?
This property features: 7,100 SF industrial end cap; Warehouse area with one rear roll‑up door; Front office with ensuite restrooms
