Meticulously Maintained Property with
For Sale
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3255 W Hamlin Rd, Rochester, MI
Rare property with M-59 exposure and abundant natural light.
Property Size83,663 SF
Lot Size5.99 Acres
Price / SF$108.77
Days on Market309
Property Features for 3255 W Hamlin Rd
General Information
Standard status
Active
Size
83,663 SF
Lot size
5.99 Acres
Property subtype
FLEX_R_AND_D
Listing Agency:
Newmark Knight Frank Detroit
(248) 447-2717
Listed By:
Christopher Dowell · License #6502102638
(248) 447-2717
Source:
Moodyscre
Added: Sep 25, 2025
Changed: Jul 6
Last Checked: Jul 21 at 5:56AM
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
Investment Insights
Based on property information with market context.
This meticulously maintained property offers a rare and unique opportunity. The two-story building benefits from tremendous exposure on M-59 and features a newer parking lot. The property provides an abundance of natural light. The property size is 83663 square feet and is suitable for flex space and industrial purposes.
Key Highlights
- Tremendous M‑59 exposure
- Meticulously maintained
- Rare and unique property
Financial Insights For Industrial
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 | $614.9k | $7.35 |
| − Vacancy | −$22.8k | −$0.27 |
| EGI | $592.2k | $7.08 |
| − OpEx | −$177.7k | −$2.12 |
| NOI | $414.5k | $4.95 |
83,663 SF · lease $7.35/SF/yr · vacancy 3.70% · expense 30.00%
Alternative Uses
Best Use
Flex RnD
$12.36M
$10.82M – $14.42M
NOI $865,310 @ 7.0% cap · market cap 9.51%
Second Best
Industrial
$5.92M
$5.18M – $6.91M
NOI $414,520 @ 7.0% cap · market cap 4.56%
Theoretical Best
Specialty Retail
$18.05M
$15.79M – $21.05M
NOI $1,263,177 @ 7.0% cap · market cap 13.88%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
180
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Rare property with M-59 exposure and abundant natural light.
Where is this flex space located?
The property is located at 3255 W Hamlin Rd Rochester, MI.
What is the asking price?
The asking price for this property is $9,100,000.
What are key features of this property?
This property features: Tremendous M‑59 exposure; Meticulously maintained; Rare and unique property