Listing Agency: Friedman Integrated Real Estate g***@freg.com Show Phone

Listed By: Greg Hornby · License #6501313839 Show Phone

Source: Cpix.resimplifi

Added: Feb 3 Changed: Aug 30 Last Checked: Aug 30 at 8:54PM

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Investment Insights

Based on property information with market context.

This 2,500-square-foot flex property is configured for light industrial operations and is designated M-1. The space is positioned at the front of Rockwood Commerce Park, providing a visible commercial setting for trades, contractors, and small businesses.

Located at 21495 Russell St in Rockwood, the property benefits from exposure along Old Fort and convenient connections to I-75 and I-275. Its flex-oriented format offers a practical setting for businesses requiring a combination of commercial and light industrial functionality.

Key Highlights

• 2,500 SF flex and light industrial space
• M‑1 zoning
• Positioned at the front of Rockwood Commerce Park

Property Analytics

Property Profile

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Big Box & Wholesale Store Restaurant Auto Repair Shop

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

Yes

Paved road access

NNN (Triple Net)

Lease Type

$1.80 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

143

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 48173, MI

13,443

Population

5,391

Households

2.5

Avg Household Size

42

Median Age

24%

College-Educated

94%

High-School Grad

11.9 sq mi

ZIP Area

1,130

Density / Sq Mi

$90,510

Median Household Income

$55,163

Median Earnings

$1,130

Median Rent

$232,600

Median Home Value

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

Questions? Ask Rey

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What type of property is this? Where is this flex space located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Flex space - M-1 zoning accompanies this flex space for light industrial use.

Where is this flex space located?

The property is located at 21495 Russell St Rockwood, MI.

What is the lease rate?

The lease rate is $2,500/Mo.

What are key features of this property?

This property features: 2,500 SF flex and light industrial space; M‑1 zoning; Positioned at the front of Rockwood Commerce Park