Industrial Warehouse with Outside
For Sale
Contact for pricing
2700 Product Dr, Rochester, MI 48309
Large-scale industrial facility with dedicated office space, loading access, substantial power, and on-site parking.
Property Size94,433 SF
Lot Size5.52 Acres
Price / SF$119.13
Days on Market218
Property Features for 2700 Product Dr
General Information
Standard status
Active
Size
94,433 SF
Total Parking Spaces
167
Lot size
5.52 Acres
Property subtype
Industrial
Investment Type
Owner/User
Site & Location
Outdoor Storage
Yes
Utilities to Site
Yes
Warehouse & Industrial
Clear Height
22.8 ft
Warehouse Space
79,933 SF
Office Build-Out
14,500 SF
Dock-High Doors
5
Drive-In Doors
1
Column Spacing
40 x 30 ft
Power
1,600 amps
Voltage
480 V
Three-Phase Power
Yes
Sprinkler System
Yes
Amenities
EV charging stations
Building Details
Year Built
1985
Buildings
1
Building Size
94,433 SF
Listing Agency:
Newmark | Detroit - Farmington Hills
Listed By:
Morgan Katz · License #MI
(248) 892-0283
Source:
Crexi
Added: Mar 13
Changed: Oct 7
Last Checked: Oct 14 at 10:46PM
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 Newmark | Detroit - Farmington Hills
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The industrial warehouse at 2700 Product Dr in Rochester, MI, contains 94,433 square feet, including 79,933 square feet of warehouse area and 14,500 square feet of office space. The 5.52-acre site provides outside storage, while the building offers clear heights ranging from 20 feet 7 inches to 22 feet 9 inches to the deck. Loading is supported by five dock doors and one grade-level door, with 40-by-30-foot column spacing throughout the facility.
The property is equipped with 1,600-amp, 480/277-volt, 3-phase power and a 600-amp transfer switch generator. Fire protection includes an Extra Hazard Group 1 sprinkler system. There are 167 parking spaces, including EV charging stations. Originally constructed in 1985, the building received a new roof in 2023.
The property is equipped with 1,600-amp, 480/277-volt, 3-phase power and a 600-amp transfer switch generator. Fire protection includes an Extra Hazard Group 1 sprinkler system. There are 167 parking spaces, including EV charging stations. Originally constructed in 1985, the building received a new roof in 2023.
Key Highlights
- 94,433 SF facility with 79,933 SF of warehouse space and 14,500 SF of office area
- 5.52‑acre site with outside storage
- Five dock doors and one grade‑level loading door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$976,702
Cap Rate
8.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$19,534,040
$19.5M
Cap Rate 7%
$13,952,886
$14.0M
Cap Rate 9%
$10,852,244
$10.9M
Market Conditions
NOI Build-Up for 94,433 SF
Gross rent
$1.70M $18.00/SF
− Vacancy
−$197.2K −$2.09/SF
EGI
$1.50M $15.91/SF
− OpEx
−$525.9K −$5.57/SF
NOI
$976.7K $10.34/SF
Area
Oakland County, MI
Vacancy
11.60%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$19,534,040
Cap Rate 7%
$13,952,886
Cap Rate 9%
$10,852,244
Alternative Uses
Best Use
Flex RnD
$13.95M
$12.21M – $16.28M
NOI $976,702 @ 7.0% cap · market cap 8.68%
Second Best
Warehouse
$8.12M
$7.10M – $9.47M
NOI $568,141 @ 7.0% cap · market cap 5.05%
Theoretical Best
Specialty Retail
$20.37M
$17.82M – $23.76M
NOI $1,425,787 @ 7.0% cap · market cap 12.67%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
22 ft
Clear height
5
Dock-high doors
1
Drive-in doors
Yes
Sprinkler system
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
839
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 48309, MI
31,541
Population
11,635
Households
2.7
Avg Household Size
41
Median Age
63%
College-Educated
97%
High-School Grad
15.6 sq mi
ZIP Area
2,022
Density / Sq Mi
$117,788
Median Household Income
$60,689
Median Earnings
$1,625
Median Rent
$394,700
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Similar Off Market Nearby
- iStorage — 2570 Crooks Rd, Rochester Hills, MI 48309
- Public Storage — 1920 Enterprise Dr, Rochester Hills, MI 48309
- HillTop Data Services — 2187 Avon Industrial Dr, Rochester Hills, MI 48309
- Public Storage — 2105 Avon Industrial Dr, Rochester Hills, MI 48309
Frequently Asked Questions
What type of property is this?
Warehouse - Large-scale industrial facility with dedicated office space, loading access, substantial power, and on-site parking.
Where is this warehouse located?
The property is located at 2700 Product Dr Rochester, MI.
What is the asking price?
The asking price for this property is $11,250,000.
What are key features of this property?
This property features: 94,433 SF facility with 79,933 SF of warehouse space and 14,500 SF of office area; 5.52‑acre site with outside storage; Five dock doors and one grade‑level loading door
