Freestanding Industrial
30759 Edison Drive Unit SourceFi Roseville, MI 48066
30759 Edison Drive Unit SourceFi, Roseville, MI, 48066
$2,000,000
For Sale
$2,000,000
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 Market74
Property Features for 30759 Edison Drive Unit SourceFi
General Information
- Standard status
- Active
- Size
- 26,300 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 19
Listing agency
(248) 244-0705
Listed by
Keller Williams Paint Creek
(248) 244-0705
Source
Xome
Added: May 10 Updated: Jul 21 at 3:09PM Checked: Jul 21 at 3:09PM
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
Local Financial Insights For Warehouse
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 | $214.6k | $8.16 |
| − Vacancy | −$12.0k | −$0.46 |
| EGI | $202.6k | $7.70 |
| − OpEx | −$30.4k | −$1.16 |
| NOI | $172.2k | $6.55 |
26,300 SF · lease $8.16/SF/yr · vacancy 5.60% · expense 15.00%
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Manufacturing properties
Similar For Sale Nearby
FAQs
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 Drive Unit SourceFi 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