Roseville Industrial Property For
For Sale
$7,250,000
27733 Groesbeck Highway, Roseville, MI 48066
Industrial property in Roseville's "Green Zone" with expansion potential.
Property Size68,812 SF
Price / SF$105.36
Days on Market377
Property Features for 27733 Groesbeck Highway
General Information
Standard status
Active
Size
68,812 SF
Property subtype
Industrial
Building Details
Building Size
68,812 SF
Year Built
1976
Listing Agency:
Signature Associates Southfield
Listed By:
Ben Wilkiemeyer · License #6501343766
(248) 404-7015
Source:
Tcnworldwide
Added: Sep 25, 2025
Changed: Oct 1
Last Checked: Oct 5 at 4:46PM
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 Signature Associates Southfield
Investment Insights
Based on property information with market context.
Located in the City of Roseville, this industrial property resides within the designated "Green Zone," presenting a potential opportunity for a cultivation operation. The property features new, first-class offices and a clean environment. A new roof and paving have been installed. The site offers room for expansion and is located seconds from I-696.
Key Highlights
- Located in Roseville's "Green Zone" for potential cultivation operation.
- Seconds from I‑696.
- Brand new first class offices.**
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$371,043
Cap Rate
5.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,420,860
$7.4M
Cap Rate 7%
$5,300,614
$5.3M
Cap Rate 9%
$4,122,700
$4.1M
Market Conditions
NOI Build-Up for 68,812 SF
Gross rent
$561.5K $8.16/SF
− Vacancy
−$31.4K −$0.46/SF
EGI
$530.1K $7.70/SF
− OpEx
−$159.0K −$2.31/SF
NOI
$371.0K $5.39/SF
Area
Macomb County, MI
Vacancy
5.60%
Lease Rate
$8.16 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,420,860
Cap Rate 7%
$5,300,614
Cap Rate 9%
$4,122,700
Alternative Uses
Best Use
Industrial
$5.30M
$4.64M – $6.18M
NOI $371,043 @ 7.0% cap · market cap 5.12%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$12.88M
$11.27M – $15.03M
NOI $901,790 @ 7.0% cap · market cap 12.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
376
Businesses Nearby
Explore this area
Business Placement
Demographics for 48066, MI
47,789
Population
22,116
Households
2.2
Avg Household Size
39
Median Age
15%
College-Educated
90%
High-School Grad
9.9 sq mi
ZIP Area
4,827
Density / Sq Mi
$61,222
Median Household Income
$38,978
Median Earnings
$1,175
Median Rent
$142,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Midwest region
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Frequently Asked Questions
What type of property is this?
Industrial property - Industrial property in Roseville's "Green Zone" with expansion potential.
Where is this industrial property located?
The property is located at 27733 Groesbeck Highway Roseville, MI.
What is the asking price?
The asking price for this property is $7,250,000.
What are key features of this property?
This property features: Located in Roseville's "Green Zone" for potential cultivation operation.; Seconds from I‑696.; Brand new first class offices.**
