New Flex Space with Heavy
For Sale
$1,990,000
23169 Giacoma Ct, Clinton Township, MI 48036
Modern industrial workspace combines office and shop areas with crane-ready infrastructure and adaptable loading capacity.
Property Size10,906 SF
Lot Size0.69 Acres
Price / SF$182.47
Days on Market116
Property Features for 23169 Giacoma Ct
General Information
Standard status
Active
Size
10,906 SF
Lot size
0.69 Acres
Property subtype
Industrial
Zoning
I-1
Additional Details
Heavy Power
Yes
Building Details
Building Size
10,906 SF
Year Built
2024
Buildings
1
Listing Agency:
Thomas A. Duke Company
Listed By:
Dave Tesch · License #6501378844
(248) 479-0126
Source:
Thomasduke
Added: Jun 22
Changed: Oct 15
Last Checked: Oct 14 at 9:22PM
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 Thomas A. Duke Company
Investment Insights
Based on property information with market context.
Completed in 2024, this 10,906-square-foot flex facility occupies a 0.69-acre parcel zoned I-1. The building combines office and shop areas with modern construction, substantial electrical capacity, generous clear height, and infrastructure prepared for crane installation. Its configuration can support manufacturing, fabrication, warehousing, and related industrial operations.
Loading features, ample on-site parking, and room for additional office space contribute to the property's functional layout. The facility is located in Clinton Township at 23169 Giacoma Ct and is available for immediate occupancy.
Loading features, ample on-site parking, and room for additional office space contribute to the property's functional layout. The facility is located in Clinton Township at 23169 Giacoma Ct and is available for immediate occupancy.
Key Highlights
- 10,906 SF industrial building completed in 2024
- 0.69‑acre parcel with I‑1 zoning
- Heavy power and crane‑ready infrastructure
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$123,868
Cap Rate
6.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,477,360
$2.5M
Cap Rate 7%
$1,769,543
$1.8M
Cap Rate 9%
$1,376,311
$1.4M
Market Conditions
NOI Build-Up for 10,906 SF
Gross rent
$215.9K $19.80/SF
− Vacancy
−$25.4K −$2.33/SF
EGI
$190.6K $17.47/SF
− OpEx
−$66.7K −$6.12/SF
NOI
$123.9K $11.36/SF
Area
Macomb County, MI
Vacancy
11.75%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,477,360
Cap Rate 7%
$1,769,543
Cap Rate 9%
$1,376,311
Alternative Uses
Best Use
Flex RnD
$1.77M
$1.55M – $2.06M
NOI $123,868 @ 7.0% cap · market cap 6.22%
Second Best
Warehouse
$1.02M
$892.6K – $1.19M
NOI $71,408 @ 7.0% cap · market cap 3.59%
Theoretical Best
Specialty Retail
$2.04M
$1.79M – $2.38M
NOI $142,924 @ 7.0% cap · market cap 7.18%
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
Lease Details
Yes
Heavy power
Location Intelligence
Trade Area within ½ mile
658
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 48036, MI
22,517
Population
9,855
Households
2.3
Avg Household Size
41
Median Age
22%
College-Educated
93%
High-School Grad
8.3 sq mi
ZIP Area
2,713
Density / Sq Mi
$65,109
Median Household Income
$36,730
Median Earnings
$1,018
Median Rent
$201,000
Median Home Value
Check the figures for this property
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
- La Mia Restaurant — 43998 N Gratiot Ave, Clinton Twp, MI 48036
Frequently Asked Questions
What type of property is this?
Flex space - Modern industrial workspace combines office and shop areas with crane-ready infrastructure and adaptable loading capacity.
Where is this flex space located?
The property is located at 23169 Giacoma Ct Clinton Township, MI.
What is the asking price?
The asking price for this property is $1,990,000.
What are key features of this property?
This property features: 10,906 SF industrial building completed in 2024; 0.69‑acre parcel with I‑1 zoning; Heavy power and crane‑ready infrastructure
