Freestanding Industrial
New
For Lease
$9.50 SF/Yr
23700 Research Dr, Farmington Hills, MI 48335
Light industrial zoning and adaptable office space support warehouse operations.
Space SizeContact for details
Property Size9,649 SF
Days on Market5
Property Features for 23700 Research Dr
General Information
Standard status
Active
Size
9,649 SF
Total Parking Spaces
28
Property subtype
Industrial
Zoning
Light Industrial
Building Details
Building Size
9,649 SF
Year Built
1985
Listing Agency:
Signature Associates - Southfield
Listed By:
Chris D'Angelo
(248) 948-0109
Source:
Cpix.resimplifi
Added: Sep 9
Changed: Sep 11
Last Checked: Sep 12 at 3:50AM
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 Signature Associates - Southfield
Investment Insights
Based on property information with market context.
This 9,649-square-foot freestanding industrial building was constructed in 1985 and is located within the Farmington Freeway Industrial Park. The facility includes two grade-level doors, 17.5-foot clear height, and 480-volt power for industrial operations. Office space can be reduced to create a configuration of 1,500 square feet.
An interior truckwell was previously capped and can be restored, adding a potential loading feature to the existing warehouse layout. The property is zoned Light Industrial and is located at 23700 Research Dr in Farmington Hills, Michigan.
An interior truckwell was previously capped and can be restored, adding a potential loading feature to the existing warehouse layout. The property is zoned Light Industrial and is located at 23700 Research Dr in Farmington Hills, Michigan.
Key Highlights
- 9,649‑square‑foot freestanding industrial building
- Two grade‑level doors with 17.5' clear height
- 480‑volt power service
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.43 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
998
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 48335, MI
25,618
Population
11,964
Households
2.1
Avg Household Size
36
Median Age
65%
College-Educated
98%
High-School Grad
7.2 sq mi
ZIP Area
3,558
Density / Sq Mi
$96,359
Median Household Income
$66,646
Median Earnings
$1,451
Median Rent
$366,500
Median Home Value
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Market
Lease Benchmarks for Farmington Hills, MI
$10.07 /SF/Yr
Avg Asking Price
$7.5–$15 /SF/Yr
Price Range
15,071 SF
Avg Space Size
This space is priced 6% below the average of $10.07 /SF/Yr.
Vacancy Rate% for Industrial in Midwest region
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Similar Off Market Nearby
- North American Van Lines — 23305 Commerce Dr #100, Farmington Hills, MI 48335
- University Moving and Storage — 23305 Commerce Dr #100, Farmington Hills, MI 48335
- Corrigan Moving Systems — 23923 Research Dr, Farmington Hills, MI 48335
- Extra Space Storage — 38875 Grand River Ave, Farmington, MI 48335
- Carbon Yard LLC — 37085 Grand River Ave Ste 133, Farmington, MI 48335
Frequently Asked Questions
What type of property is this?
Warehouse - Light industrial zoning and adaptable office space support warehouse operations.
Where is this warehouse located?
The property is located at 23700 Research Dr Farmington Hills, MI.
What is the lease rate?
The lease rate is $9.50 SF/Yr.
What are key features of this property?
This property features: 9,649‑square‑foot freestanding industrial building; Two grade‑level doors with 17.5' clear height; 480‑volt power service
