Manufacturing Facility with Multiple
34141 Kelly Rd Fraser, MI 48026
34141 Kelly Rd, Fraser, MI, 48026
$1,450,000
For Sale
$1,450,000
Manufacturing building with fenced outdoor storage, 21' clear height, and five-ton bridge cranes plus grade-level doors.
Property Size18,157 SF
Lot Size2.53 Acres
Price / SF$79.86
Days on Market50
Property Features for 34141 Kelly Rd
General Information
- Standard status
- Active
- Size
- 18,157 SF
- Lot size
- 2.53 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 1969
Listing agency
Friedman Integrated Real Estate
(240) 361-8988
Listed by
Zach Cummings
(240) 361-8988
Source
Friedmanrealestate
Added: Jun 2 Updated: Jul 20 at 11:49PM Checked: Jul 21 at 3:34AM
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 Friedman Integrated Real Estate
Investment Insights
Based on property information with market context.
This for-sale manufacturing facility includes a main building of approximately 12,877 SF built in 1969, with a roughly 5,280 SF addition completed in 1992. The property also features about +/- 2,000 SF of front office space with a bathroom and three individual offices. The shop area includes a lunchroom and an additional bathroom, and the site offers an approximately one-acre fenced lot for outdoor storage and truck parking.
The shop is supported by multiple cranes, including (4) five-ton cranes and (6) smaller bridge and jib cranes, with 240V throughout. Power service is indicated as 600 amps with bus ducts and airlines, and the facility includes 3-phase electrical. Clear height is listed at 21 feet, along with grade-level doors.
Additional site and building details include truck parking on the fenced lot and crane coverage throughout the shop area.
The shop is supported by multiple cranes, including (4) five-ton cranes and (6) smaller bridge and jib cranes, with 240V throughout. Power service is indicated as 600 amps with bus ducts and airlines, and the facility includes 3-phase electrical. Clear height is listed at 21 feet, along with grade-level doors.
Additional site and building details include truck parking on the fenced lot and crane coverage throughout the shop area.
Key Highlights
- 18,157 SF manufacturing building on a 2.53 AC site
- Originally built in 1969 with a 5,280 SF addition in 1992
- 21' clear height with (4) 5‑ton bridge cranes plus (6) smaller bridge and jib cranes
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 | $148.2k | $8.16 |
| − Vacancy | −$8.3k | −$0.46 |
| EGI | $139.9k | $7.70 |
| − OpEx | −$42.0k | −$2.31 |
| NOI | $97.9k | $5.39 |
18,157 SF · lease $8.16/SF/yr · vacancy 5.60% · expense 30.00%
Alternative Uses
Best Use
Industrial
$1.40M
$1.22M – $1.63M
NOI $97,905 @ 7.0% cap · market cap 6.75%
Second Best
Office B
$892.9K
$781.3K – $1.04M
NOI $62,505 @ 7.0% cap · market cap 4.31%
Theoretical Best
Specialty Retail
$3.40M
$2.97M – $3.97M
NOI $237,950 @ 7.0% cap · market cap 16.41%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Detroit Hammer Key ...
Industrial Manufacturer
Similar For Sale Nearby
FAQs
What type of property is this?
Manufacturing property - Manufacturing building with fenced outdoor storage, 21' clear height, and five-ton bridge cranes plus grade-level doors.
Where is this manufacturing property located?
The property is located at 34141 Kelly Rd Fraser, MI.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: 18,157 SF manufacturing building on a 2.53 AC site; Originally built in 1969 with a 5,280 SF addition in 1992; 21' clear height with (4) 5‑ton bridge cranes plus (6) smaller bridge and jib cranes
