Gratiot Avenue Commercial
25333 Gratiot Avenue Roseville, MI 48066
For Sale
$900,000
Commercial property with drive-thru, roll-up doors, and expressway access.
Property Size12,340 SF
Lot Size0.41 Acres
Price / SF$72.93
Days on Market1080
Property Features for 25333 Gratiot Avenue
General Information
Standard status
Active
Size
12,340 SF
Lot size
0.41 Acres
Property subtype
Commercial/Industrial
Building Details
Year Built
1955
Listing Agency:
Pilot Property Group - Residential LLC
(586) 291-0499
Listed By:
Alexander Termini · License #6501392648
(586) 291-0499
Source:
Exitrealty
Added: Aug 15, 2023
Changed: Jul 10
Last Checked: Jul 28 at 4:08AM
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 Pilot Property Group - Residential LLC
Investment Insights
Based on property information with market context.
This commercial property features drive-thru capability and includes 2 roll-up doors. It presents an opportunity for investment or future owner occupancy. The property benefits from excellent exposure on Gratiot Avenue and is located minutes from the 696 Expressway. The property size is 12340 square feet. The property taxes are $12,183.49. An equipment list is available. The property can be used as flex space, industrial property, warehouse, drive-through restaurant, restaurant, or general commercial real estate.
Key Highlights
- Excellent exposure on Gratiot Avenue
- Drive thru capability with 2 roll up doors
- Great opportunity for an investment or future owner/occupy user
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $100.7k | $8.16 |
| − Vacancy | −$5.6k | −$0.46 |
| EGI | $95.1k | $7.70 |
| − OpEx | −$14.3k | −$1.16 |
| NOI | $80.8k | $6.55 |
12,340 SF · lease $8.16/SF/yr · vacancy 5.60% · expense 15.00%
Alternative Uses
Best Use
Flex RnD
$2.00M
$1.75M – $2.34M
NOI $140,155 @ 7.0% cap · market cap 15.57%
Second Best
Warehouse
$1.15M
$1.01M – $1.35M
NOI $80,797 @ 7.0% cap · market cap 8.98%
Theoretical Best
Specialty Retail
$2.31M
$2.02M – $2.70M
NOI $161,717 @ 7.0% cap · market cap 17.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Olive Tree Catering — 25650 Gratiot Ave, Roseville, MI 48066
Frequently Asked Questions
What type of property is this?
Flex space - Commercial property with drive-thru, roll-up doors, and expressway access.
Where is this flex space located?
The property is located at 25333 Gratiot Avenue Roseville, MI.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Excellent exposure on Gratiot Avenue; Drive thru capability with 2 roll up doors; Great opportunity for an investment or future owner/occupy user
