Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Industrial Condominium with Office Title is generated by Realmo AI

    24401 Maplehurst Dr, Clinton Township, MI 48036

    View on Map
    Claim this Listing
    New
    For Sale
    $340,000

    End-unit industrial condo offering warehouse space plus ample office, restrooms, and kitchen area.

    Type:Commercial
    Added:
    Jun 3, 2026
    Days on Market:
    4
    Last Refresh:
    Jun 6 at 5:11 am

    Property Features for 24401 Maplehurst Dr

    General Information

    Standard status
    Active
    Property subtype
    Commercial

    Building Details

    Year Built
    1990

    We can help!

    Listing Contact
    Kevin Koss
    Kevin Koss

    Listing agent Kevin Koss License #MISPE-6501393393

    Listing office

    Listing date Jun 3, 2026

    Source Elliman

    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 Kevin Koss

    HighLights

    • End‑unit industrial condominium with warehouse space plus ample office area
    • Office includes bathrooms, a kitchen area, and storage closets
    • Warehouse has rear overhead door entry
    • Built in 1990
    • End unit layout with easy access in and out and major highways close by

    Overview

    This industrial condominium is an end unit with a combined warehouse and office layout. The office portion includes ample workspace, bathrooms, and a kitchen area, along with storage closets for tenant organization. The back of the warehouse features a rear overhead door entry, supporting straightforward loading and operational use.

    Access is designed for efficient in-and-out movement, with major highways close by. The property is car-dependent based on local walk and bike scores, making it well suited to tenants who rely primarily on vehicle access.

    For owners or occupiers seeking a flexible live-work style commercial configuration, this unit pairs warehouse functionality with in-building office amenities. The rear overhead door and dedicated office areas can accommodate a range of industrial services, warehousing operations, and administrative functions that benefit from having offices and support spaces on site.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • La Mia Restaurant — 43998 N Gratiot Ave, Clinton Twp, MI 48036

    Location Insight

    • Map
    • Local Demand
    City
    Clinton Township
    County
    Macomb
    State
    Michigan
    Longitude
    -82.860952
    Latitude
    42.625361

    Nearby Similar for Sale

    • $1,299,900
      6,655 SF

      Stand-Alone Medical Office Building

      Versatile office suites with movable interior walls and on-site parking near major medical facilities.
      37244 S Groesbeck Highway, Clinton Township, MI 48036
      View Details
    • $1,895,000
      14,800 SF

      Shopping Center with Development Land

      For sale shopping center offering 7,600 SF of available space plus additional land behind the center.
      41560 - 41660 Garfield Road, Clinton Township, MI 48038
      View Details
    • $1,650,000
      14,807 SF

      Versatile Industrial Flex Facility

      14,807 SF industrial flex facility on 1.89 acres.
      44595 Enterprise Drive, Clinton Township, MI 48038
      View Details
    • $575,000
      10,995 SF

      Former Gym With Open Floor Plan

      Former gym building offering an open layout and ample parking for owner-occupants or investors.
      34736 S Gratiot Avenue, Clinton Township, MI 48035
      View Details
    • $1,150,000
      10,000 SF

      Warehouse Flex Building with Rear Roll-Up

      Well-kept flex warehouse with a front office build-out, rear 10-by-10 roll-up door, and ample parking.
      35075 Forton Court, Clinton Township, MI 48035
      View Details
    • $1,400,000
      9,755 SF

      Multi-Section Flex Industrial Building

      Multi-section building with showroom, office restrooms, overhead door, and outside storage in a B3 zoned Clinton Township location.
      35850 Utica Road, Clinton Township, MI 48035
      View Details
    • $199,900
      3,640 SF

      Retail Storefront with Classroom Kitchen

      Retail space with two full kitchens, classroom area, and upstairs storage for food and instruction-focused operations.
      44885 Morley Drive, Clinton Township, MI 48036
      View Details
    • $2,500,000
      27,840 SF

      Renovated Flex Warehouse with Yard

      Two like-new flex warehouse buildings offer 17-foot clear height, multiple overhead doors, and dedicated yard storage.
      32637 & 32639 Groesbeck Highway, Clinton Township, MI 48036
      View Details
    • $100,000
      1,200 SF

      Established Pizzeria and Deli Business

      Well-established pizzeria and deli business opportunity in Clinton Township, MI.
      36450 Moravian Drive, Clinton Township, MI 48035
      View Details
    • $1,650,000
      14,807 SF

      Macomb County Industrial Flex Facility

      Versatile 14,807 SF industrial flex facility on 1.89 acres.
      44595 Enterprise Dr, ClintonCharterTownship_Macomb, MI 48038
      View Details
    • $165,000
      1,640 SF

      Duplex With Separate Entrances

      Two-unit duplex with separate electrical and heating systems, plus shared water, suited for residential rental ownership.
      20471 Nicke Street, Clinton Township, MI 48035
      View Details
    • $398,769
      7,000 SF

      Redevelopment Opportunity on Laurel Street

      7,000 SF building on 2.9 acres, ideal for redevelopment.
      22515 Laurel St, ClintonCharterTownship_Macomb, MI 48035
      View Details

    FAQs

    What type of property is this?
    Flex space - End-unit industrial condo offering warehouse space plus ample office, restrooms, and kitchen area.
    Where is this flex space located?
    The property is located at 24401 Maplehurst Dr Clinton Township, MI.
    What is the asking price?
    The asking price for this property is $340,000.
    What are key features of this property?
    This property features: End‑unit industrial condominium with warehouse space plus ample office area; Office includes bathrooms, a kitchen area, and storage closets; Warehouse has rear overhead door entry
    (586) 899-9932
    We can help!
    Listing Contact
    Kevin Koss
    Kevin Koss
    Real Estate License ID: MISPE-6501393393
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    24401 Maplehurst Dr, ClintonCharterTownship_Macomb, MI 48036
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!