Freestanding Industrial Flex
34180 Klein Rd Fraser, MI 48026
For Sale
$900,000
Freestanding industrial building with two 12'x14' overhead doors, 1,550 SF office, and 600A 480V 3-phase power.
Property Size12,100 SF
Price / SF$74.38
Days on Market59
Property Features for 34180 Klein Rd
General Information
Standard status
Active
Size
12,100 SF
Property subtype
Industrial
Building Details
Year Built
1980
Listing Agency:
Lee & Associates of Michigan
(248) 561-5748
Listed By:
Giancarlo Pinterpe
(248) 561-5748
Source:
Cpix.resimplifi
Added: Jun 1
Changed: Jul 25
Last Checked: Jul 27 at 2:26AM
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 Lee & Associates of Michigan
Investment Insights
Based on property information with market context.
The property is a 12,100 SF freestanding industrial/flex building with 1,550 SF of dedicated office space. It features two overhead doors sized at 12' x 14' and a 17' clear height, supporting straightforward loading and storage operations. The layout was previously duplexed and can be reconfigured to accommodate two tenants again, offering flexibility for an end user or multi-tenant arrangement. Electrical service includes 600Amp/480Volt 3-phase power on each side of the building.
The site includes generous on-site parking and two access and egress locations directly adjacent to both overhead doors, designed to streamline vehicle flow for operations.
With multiple loading points, above, clear height, and dedicated office space on-site, the building is well suited for industrial and manufacturing use.
The site includes generous on-site parking and two access and egress locations directly adjacent to both overhead doors, designed to streamline vehicle flow for operations.
With multiple loading points, above, clear height, and dedicated office space on-site, the building is well suited for industrial and manufacturing use.
Key Highlights
- 12,100 SF freestanding industrial building built in 1980 with 1,550 SF dedicated office space
- Two overhead doors (12' x 14') plus 17' clear height for loading and logistics
- 600A/480V 3‑phase power provided on each side of the building
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 | $98.7k | $8.16 |
| − Vacancy | −$5.5k | −$0.46 |
| EGI | $93.2k | $7.70 |
| − OpEx | −$14.0k | −$1.16 |
| NOI | $79.2k | $6.55 |
12,100 SF · lease $8.16/SF/yr · vacancy 5.60% · expense 15.00%
Alternative Uses
Best Use
Flex RnD
$1.96M
$1.72M – $2.29M
NOI $137,429 @ 7.0% cap · market cap 15.27%
Second Best
Warehouse
$1.13M
$990.3K – $1.32M
NOI $79,226 @ 7.0% cap · market cap 8.80%
Theoretical Best
Specialty Retail
$2.27M
$1.98M – $2.64M
NOI $158,572 @ 7.0% cap · market cap 17.62%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Flex space - Freestanding industrial building with two 12'x14' overhead doors, 1,550 SF office, and 600A 480V 3-phase power.
Where is this flex space located?
The property is located at 34180 Klein Rd Fraser, MI.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: 12,100 SF freestanding industrial building built in 1980 with 1,550 SF dedicated office space; Two overhead doors (12' x 14') plus 17' clear height for loading and logistics; 600A/480V 3‑phase power provided on each side of the building
