Warehouse and Manufacturing
For Sale
$4,500,000
2776 Commerce Dr, Rochester Hills, MI 48309
Warehouse and manufacturing building with four exterior truckwells and a 10T crane.
Property Size37,016 SF
Price / SF$121.57
Days on Market147
Property Features for 2776 Commerce Dr
General Information
Standard status
Active
Size
37,016 SF
Property subtype
Industrial
Zoning
REC-W
Warehouse & Industrial
Dock-High Doors
4
Heavy Power
Yes
Building Details
Building Size
37,016 SF
Listing Agency:
Newmark Knight Frank Detroit
Listed By:
Geoffrey S. Hill
(586) 216-1930
Source:
Cpix.resimplifi
Added: Jun 9
Changed: Oct 31
Last Checked: Nov 1 at 2:29AM
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 Knight Frank Detroit
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Investment Insights
Based on property information with market context.
This manufacturing and warehousing facility is configured to support heavy logistics and production activities. The building includes four exterior truckwells for loading, along with a 10T crane rated at a 19' underhook height. Interior utilities are designed for industrial operations, featuring heavy power, airlines, and buss ducts.
The property is located at 2776 Commerce Dr in Rochester Hills, MI, offering a dedicated industrial setup intended for day-to-day receiving, storage, and movement of goods. Additional operational support includes outdoor storage space, which can be useful for staging materials or managing equipment outside the building.
For tenants and buyers seeking a facility that can handle both warehousing and manufacturing workloads, the combination of multiple exterior loading positions and a high-capacity crane can reduce constraints in workflow. Heavy electrical service and dedicated industrial distribution components, along with the outdoor storage component, further support a wide range of industrial uses that require robust infrastructure rather than basic light distribution space.
The property is located at 2776 Commerce Dr in Rochester Hills, MI, offering a dedicated industrial setup intended for day-to-day receiving, storage, and movement of goods. Additional operational support includes outdoor storage space, which can be useful for staging materials or managing equipment outside the building.
For tenants and buyers seeking a facility that can handle both warehousing and manufacturing workloads, the combination of multiple exterior loading positions and a high-capacity crane can reduce constraints in workflow. Heavy electrical service and dedicated industrial distribution components, along with the outdoor storage component, further support a wide range of industrial uses that require robust infrastructure rather than basic light distribution space.
Key Highlights
- Warehouse and manufacturing building with four exterior truckwells
- Includes a 10T crane with 19' underhook height
- Heavy power with airlines and buss ducts
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$222,701
Cap Rate
4.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,454,020
$4.5M
Cap Rate 7%
$3,181,443
$3.2M
Cap Rate 9%
$2,474,456
$2.5M
Market Conditions
NOI Build-Up for 37,016 SF
Gross rent
$272.1K $7.35/SF
− Vacancy
−$10.1K −$0.27/SF
EGI
$262.0K $7.08/SF
− OpEx
−$39.3K −$1.06/SF
NOI
$222.7K $6.02/SF
Area
Oakland County, MI
Vacancy
3.70%
Lease Rate
$7.35 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,454,020
Cap Rate 7%
$3,181,443
Cap Rate 9%
$2,474,456
Alternative Uses
Best Use
Warehouse
$3.18M
$2.78M – $3.71M
NOI $222,701 @ 7.0% cap · market cap 4.95%
Second Best
Industrial
$2.62M
$2.29M – $3.06M
NOI $183,401 @ 7.0% cap · market cap 4.08%
Theoretical Best
Specialty Retail
$7.98M
$6.99M – $9.31M
NOI $558,882 @ 7.0% cap · market cap 12.42%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
4
Dock-high doors
Yes
Heavy power
Location Intelligence
Trade Area within ½ mile
751
Businesses Nearby
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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
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Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Manufacturing property - Warehouse and manufacturing building with four exterior truckwells and a 10T crane.
Where is this manufacturing property located?
The property is located at 2776 Commerce Dr Rochester Hills, MI.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: Warehouse and manufacturing building with four exterior truckwells; Includes a 10T crane with 19' underhook height; Heavy power with airlines and buss ducts
