32600 Industrial Dr, Madison Heights, MI 48071
Manufacturing facility with outside storage potential, near I-75.
- Added:
- Mar 10, 2026
- Days on Market:
- 119
- Last Refresh:
- Mar 19 at 10:14 pm
Property Features for 32600 Industrial Dr
General Information
- Standard status
- Active
- Size
- 20,880 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1966
Listing office Signature Associates Southfield
Listing date Mar 10, 2026
Source Crexi
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
HighLights
- Less than two miles from I‑75
- Potential outside storage
- Great power
- Natural lighting throughout
- Solid manufacturing facility
- Year Built: 1966
Overview
Local 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 | $153.5k | $7.35 |
| − Vacancy | −$5.7k | −$0.27 |
| EGI | $147.8k | $7.08 |
| − OpEx | −$44.3k | −$2.12 |
| NOI | $103.5k | $4.95 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Madison Heights
- County
- Oakland
- State
- Michigan
- Longitude
- -83.0898557
- Latitude
- 42.5323434
