Dequindre Rd Light-Industrial
For Sale
$815,000
26071 Dequindre Rd, Madison Heights, MI 48071
Light-industrial hub with excellent visibility and access to major highways.
Property Size8,000 SF
Lot Size0.54 Acres
Days on Market166
Property Features for 26071 Dequindre Rd
General Information
Standard status
Active
Size
8,000 SF
Lot size
0.54 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$7,427
Building Details
Building Size
8,000 SF
Year Built
1965
Listing Agency:
Reozom
(810) 987-1100
Listed By:
Justin Tibble · License #3352456
(810) 987-1100
Source:
Elliman
Added: Mar 10
Changed: Aug 21
Last Checked: Aug 21 at 9:59AM
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 Reozom
Investment Insights
Based on property information with market context.
Located on Dequindre Rd in Madison Heights' active commercial corridor, this light-industrial property offers excellent visibility and immediate access to I-696 and I-75, making it an efficient hub for distribution, service, or light production. The property offers flexible floor plans suitable for warehousing, fabrication, or tech trades. It features ample on-site parking and strong roadside signage. The property lies within the city’s Green Zone. Updates planned for 2025 include a new roof, a new 800-amp, 3-phase electrical panel, fresh interior and exterior paint, and new LED lighting. This location provides proximity to labor, suppliers, and customers across Metro Detroit.
Key Highlights
- Prime location on Dequindre Rd with excellent visibility and immediate access to I‑696 and I‑75.
- Recent 2025 updates include a new roof, 800‑amp 3‑phase electrical panel, fresh paint, and new LED lighting.
- Flexible floor plans suitable for warehousing, fabrication, or tech trades.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$39,637
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.86%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$792,740
$792.7K
Cap Rate 7%
$566,243
$566.2K
Cap Rate 9%
$440,411
$440.4K
Market Conditions
NOI Build-Up for 8,000 SF
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.
Gross rent
$58.8K $7.35/SF
− Vacancy
−$2.2K −$0.27/SF
EGI
$56.6K $7.08/SF
− OpEx
−$17.0K −$2.12/SF
NOI
$39.6K $4.95/SF
Area
Oakland County, MI
Vacancy
3.70%
Lease Rate
$7.35 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$792,740
Cap Rate 7%
$566,243
Cap Rate 9%
$440,411
Alternative Uses
Best Use
Flex RnD
$1.18M
$1.03M – $1.38M
NOI $82,742 @ 7.0% cap · market cap 10.15%
Second Best
Industrial
$566.2K
$495.5K – $660.6K
NOI $39,637 @ 7.0% cap · market cap 4.86%
Theoretical Best
Specialty Retail
$1.73M
$1.51M – $2.01M
NOI $120,787 @ 7.0% cap · market cap 14.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
711
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 48071, MI
28,468
Population
14,690
Households
1.9
Avg Household Size
39
Median Age
32%
College-Educated
89%
High-School Grad
7.1 sq mi
ZIP Area
4,010
Density / Sq Mi
$66,726
Median Household Income
$49,151
Median Earnings
$1,138
Median Rent
$190,300
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Flex space - Light-industrial hub with excellent visibility and access to major highways.
Where is this flex space located?
The property is located at 26071 Dequindre Rd Madison Heights, MI.
What is the asking price?
The asking price for this property is $815,000.
What are key features of this property?
This property features: Prime location on Dequindre Rd with excellent visibility and immediate access to I‑696 and I‑75.; Recent 2025 updates include a new roof, **800‑amp 3‑phase electrical panel**, fresh paint, and **new LED lighting**.; Flexible floor plans suitable for warehousing, fabrication, or tech trades.
