Flex Space with
For Sale
$1,250,000
35075 Forton Court, Clinton Township, MI 48035
The currently occupied building includes two bathrooms and a rear roll-up door.
Property Size10,000 SF
Price / SF$125
Days on Market389
Property Features for 35075 Forton Court
General Information
Standard status
Active
Size
10,000 SF
Property subtype
Commercial
Zoning
Industrial
Occupancy
100%
Additional Details
Highway Access
Yes
Office Build-Out
1,000 SF
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$13,030
Building Details
Building Size
10,000 SF
Year Built
1995
Listed By:
Monique Carter · License #6506045427
(248) 688-6465
Source:
Carterassociatesrealty
Added: Oct 5, 2025
Changed: Oct 25
Last Checked: Oct 26 at 3:41AM
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 Monique Carter
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Investment Insights
Based on property information with market context.
This 10,000-square-foot flex property was built in 1995 and is zoned Industrial. The front portion includes 1,000 square feet of office space, with two bathrooms and a 10-by-10-foot roll-up door at the rear. Paved parking areas surround the building, and the concrete is described as being in very good condition. The property is fully leased.
The site is at 15 Mile and Harper, with access to I-94 described as moments away.
The site is at 15 Mile and Harper, with access to I-94 described as moments away.
Key Highlights
- 10,000‑square‑foot flex property, built in 1995
- 1,000 square feet of front office space
- 10‑by‑10‑foot rear roll‑up door and two bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$113,578
Cap Rate
9.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,271,560
$2.3M
Cap Rate 7%
$1,622,543
$1.6M
Cap Rate 9%
$1,261,978
$1.3M
Market Conditions
NOI Build-Up for 10,000 SF
Gross rent
$198.0K $19.80/SF
− Vacancy
−$23.3K −$2.33/SF
EGI
$174.7K $17.47/SF
− OpEx
−$61.2K −$6.12/SF
NOI
$113.6K $11.36/SF
Area
Macomb County, MI
Vacancy
11.75%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,271,560
Cap Rate 7%
$1,622,543
Cap Rate 9%
$1,261,978
Alternative Uses
Best Use
Flex RnD
$1.62M
$1.42M – $1.89M
NOI $113,578 @ 7.0% cap · market cap 9.09%
Second Best
Industrial
$770.3K
$674.0K – $898.7K
NOI $53,921 @ 7.0% cap · market cap 4.31%
Theoretical Best
Specialty Retail
$1.87M
$1.64M – $2.18M
NOI $131,051 @ 7.0% cap · market cap 10.48%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Current Use
Lease Details
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
360
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 48035, MI
34,018
Population
15,615
Households
2.2
Avg Household Size
40
Median Age
20%
College-Educated
91%
High-School Grad
8.8 sq mi
ZIP Area
3,866
Density / Sq Mi
$69,245
Median Household Income
$41,167
Median Earnings
$1,111
Median Rent
$181,300
Median Home Value
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Market
Vacancy Rate% for Industrial in Midwest region
Similar Off Market Nearby
- California Pasta Shops Inc — 33905 Harper Ave, Clinton Twp, MI 48035
- Bossman Catering Services LLC — 34376 Harper Ave, Clinton Twp, MI 48035
- A Living Experience — 35666 Harper Ave, Clinton Twp, MI 48035
Frequently Asked Questions
What type of property is this?
Flex space - The currently occupied building includes two bathrooms and a rear roll-up door.
Where is this flex space located?
The property is located at 35075 Forton Court Clinton Township, MI.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 10,000‑square‑foot flex property, built in 1995; 1,000 square feet of front office space; 10‑by‑10‑foot rear roll‑up door and two bathrooms
