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Freestanding Manufacturing Building
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21444 Bridge St, Southfield, MI 48033

I-L-zoned facility with existing food processing and manufacturing equipment.

Property Size11,920 SF
Price / SF$0.00
Days on Market335

Property Features for 21444 Bridge St

General Information

Standard status Active
Size 11,920 SF
Property subtype Industrial
Zoning I-L

Additional Details

Asking Price $1,250,000
Highway Access Yes

Building Details

Building Size 11,920 SF
Year Built 1984
Buildings 1
Listing Agency: Burger & Company
Listed By: Michael Rose · License #6501308575
Source: Cpix.resimplifi
Added: Nov 19, 2025 Changed: Oct 2 Last Checked: Oct 19 at 3:30AM

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 Burger & Company

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Investment Insights

Based on property information with market context.

This freestanding manufacturing facility contains 11,920 square feet and was built in 1984. The property includes existing food processing and manufacturing equipment in place, providing an established physical setup for industrial operations. The building also offers potential for duplex configuration, as described in the property information.

The Southfield property is positioned near 8 Mile, Telegraph, and M-5, providing access to each of those routes. I-L zoning supports the property's industrial classification and complements its manufacturing-oriented improvements. The equipment remains in place as part of the offering, with an itemized list referenced in the marketing materials.

Key Highlights

  • 11,920 SF freestanding manufacturing building
  • Existing food processing and manufacturing equipment included
  • I‑L zoning

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$59,059
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,181,180 $1.2M
Cap Rate 7%
$843,700 $843.7K
Cap Rate 9%
$656,211 $656.2K
Market Conditions
NOI Build-Up for 11,920 SF
Gross rent
$87.6K $7.35/SF
− Vacancy
−$3.2K −$0.27/SF
EGI
$84.4K $7.08/SF
− OpEx
−$25.3K −$2.12/SF
NOI
$59.1K $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%
$1,181,180
Cap Rate 7%
$843,700
Cap Rate 9%
$656,211

Alternative Uses

Best Use
Industrial
$843.7K
$738.2K – $984.3K (±1% cap)
NOI $59,059 @ 7.0% cap · market cap 576,185.37%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.57M
$2.25M – $3.00M (±1% cap)
NOI $179,973 @ 7.0% cap · market cap 1,755,834.15%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

Can Strong Foods Grocery & Convenience Store Brian's Foods Big Box & Wholesale Store

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Restaurant Pharmacy Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

568
Businesses Nearby

Demographics for 48033, MI

17,207
Population
9,198
Households
1.9
Avg Household Size
47
Median Age
33%
College-Educated
93%
High-School Grad
9.1 sq mi
ZIP Area
1,891
Density / Sq Mi
$55,599
Median Household Income
$45,192
Median Earnings
$1,242
Median Rent
$195,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Frequently Asked Questions

What type of property is this?
Manufacturing property - I-L-zoned facility with existing food processing and manufacturing equipment.
Where is this manufacturing property located?
The property is located at 21444 Bridge St Southfield, MI.
What are key features of this property?
This property features: 11,920 SF freestanding manufacturing building; Existing food processing and manufacturing equipment included; I‑L zoning
More about this property
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