Industrial Flex Facility with Heavy
28047 Grand Oaks Ct Wixom, MI 48393
For Sale
$2,752,410
Well maintained industrial flex facility on a large lot with heavy power and a load-supporting mezzanine.
Property Size23,934 SF
Price / SF$115
Days on Market51
Property Features for 28047 Grand Oaks Ct
General Information
- Standard status
- Active
- Size
- 23,934 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1996
Listing Agency:
Signature Associates - Southfield
(248) 359-0614
Listed By:
Jim Montgomery · License #6501312404
(248) 359-0614
Source:
Cpix.resimplifi
Added: Jun 3
Changed: Jul 22
Last Checked: Jul 23 at 2:36AM
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.
This well maintained industrial flex facility has been freshly painted and includes a newly installed roof. The property is described as a corporate image facility on a large lot. It features heavy power and a 1,600 sq. ft. load supporting mezzanine, supporting adaptable interior use within the flexible layout.
The site offers immediate access to the I-96 freeway via Wixom Road. It is close to all services, supporting day-to-day operational needs.
With its combination of heavy power capacity, a load supporting mezzanine area, and a clean, updated exterior, the building is positioned for tenants or owners seeking a flex-style industrial environment.
The site offers immediate access to the I-96 freeway via Wixom Road. It is close to all services, supporting day-to-day operational needs.
With its combination of heavy power capacity, a load supporting mezzanine area, and a clean, updated exterior, the building is positioned for tenants or owners seeking a flex-style industrial environment.
Key Highlights
- Well‑maintained industrial flex facility built in 1996
- New roof and freshly painted
- Heavy power with a 1,600 sq. ft. load‑supporting mezzanine
Financial Insights For Flex RnD
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 | $430.8k | $18.00 |
| − Vacancy | −$50.0k | −$2.09 |
| EGI | $380.8k | $15.91 |
| − OpEx | −$133.3k | −$5.57 |
| NOI | $247.5k | $10.34 |
23,934 SF · lease $18.00/SF/yr · vacancy 11.60% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$3.54M
$3.09M – $4.13M
NOI $247,545 @ 7.0% cap · market cap 8.99%
Second Best
Industrial
$1.69M
$1.48M – $1.98M
NOI $118,584 @ 7.0% cap · market cap 4.31%
Theoretical Best
Specialty Retail
$5.16M
$4.52M – $6.02M
NOI $361,365 @ 7.0% cap · market cap 13.13%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Superabrasives, Inc.
Industrial Manufacturer
FAQs
What type of property is this?
Flex space - Well maintained industrial flex facility on a large lot with heavy power and a load-supporting mezzanine.
Where is this flex space located?
The property is located at 28047 Grand Oaks Ct Wixom, MI.
What is the asking price?
The asking price for this property is $2,752,410.
What are key features of this property?
This property features: Well‑maintained industrial flex facility built in 1996; New roof and freshly painted; Heavy power with a 1,600 sq. ft. load‑supporting mezzanine
