Freestanding Industrial
For Sale
$2,000,000
30759 EDISON DR, Roseville, MI 48066
Freestanding industrial facility with 18' clear height, office space, and multiple overhead doors on 1.4 acres.
Property Size26,300 SF
Price / SF$76.05
Days on Market91
Property Features for 30759 EDISON DR
General Information
Standard status
Active
Size
26,300 SF
Property subtype
Industrial
Amenities
3
282216
Building Details
Year Built
19
Listing Agency:
(248) 244-0705
Listed By:
Keller Williams Paint Creek
(248) 244-0705
Source:
Xome
Added: May 11
Changed: Aug 8
Last Checked: Aug 9 at 4:59AM
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 Keller Williams Paint Creek
Investment Insights
Based on property information with market context.
This freestanding industrial building is approximately 26,300 square feet and sits on about 1.4 acres. The layout includes approximately 25,081 square feet of factory/warehouse space and 1,219 square feet of office. Improvements include an 18' clear height, one interior truckwell, two 12' x 12' grade-level overhead doors, and full sprinkler coverage. The facility is equipped with three cranes rated up to 5 tons and heavy electrical service described as 1,000 amp 440/480V with bus duct distribution. Lighting is specified as metal-halide, and heating is gas forced-air.
The site provides approximately 282 feet of frontage on Edison Drive and includes about 20 surface parking spaces. The property is described as being approximately two miles from I-696, with access to I-94 via Groesbeck Hwy.
The asset is presented as a stabilized, investment sale. The space is 100% occupied under a newly executed lease beginning October 1, 2025, and the offering is real estate only.
The site provides approximately 282 feet of frontage on Edison Drive and includes about 20 surface parking spaces. The property is described as being approximately two miles from I-696, with access to I-94 via Groesbeck Hwy.
The asset is presented as a stabilized, investment sale. The space is 100% occupied under a newly executed lease beginning October 1, 2025, and the offering is real estate only.
Key Highlights
- 26,300 SF freestanding industrial building on approx. 1.4 acres, 100% occupied under a newly executed lease starting Oct 1, 2025
- Includes approx. 25,081 SF factory/warehouse plus 1,219 SF office space
- 18' clear height with one interior truckwell and two 12' x 12' grade‑level overhead doors
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
$172,201
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
8.61%
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%
$3,444,020
$3.4M
Cap Rate 7%
$2,460,014
$2.5M
Cap Rate 9%
$1,913,344
$1.9M
Market Conditions
NOI Build-Up for 26,300 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
$214.6K $8.16/SF
− Vacancy
−$12.0K −$0.46/SF
EGI
$202.6K $7.70/SF
− OpEx
−$30.4K −$1.16/SF
NOI
$172.2K $6.55/SF
Area
Macomb County, MI
Vacancy
5.60%
Lease Rate
$8.16 /SF/Yr
Expense Ratio
15.00%
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%
$3,444,020
Cap Rate 7%
$2,460,014
Cap Rate 9%
$1,913,344
Alternative Uses
Best Use
Warehouse
$2.46M
$2.15M – $2.87M
NOI $172,201 @ 7.0% cap · market cap 8.61%
Second Best
Industrial
$2.03M
$1.77M – $2.36M
NOI $141,813 @ 7.0% cap · market cap 7.09%
Theoretical Best
Specialty Retail
$4.92M
$4.31M – $5.74M
NOI $344,665 @ 7.0% cap · market cap 17.23%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
580
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
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Manufacturing property - Freestanding industrial facility with 18' clear height, office space, and multiple overhead doors on 1.4 acres.
Where is this manufacturing property located?
The property is located at 30759 EDISON DR Roseville, MI.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: 26,300 SF freestanding industrial building on approx. 1.4 acres, 100% occupied under a newly executed lease starting Oct 1, 2025; Includes approx. 25,081 SF factory/warehouse plus 1,219 SF office space; 18' clear height with one interior truckwell and two 12' x 12' grade‑level overhead doors
