Crane Manufacturing
For Sale
$11,025,000
36555 Amrhein Rd, Livonia, MI 48150
Industrial manufacturing building with heavy power, multiple crane bays, offices, and truck-loading infrastructure.
Property Size147,000 SF
Price / SF$75
Days on Market377
Property Features for 36555 Amrhein Rd
General Information
Standard status
Active
Size
147,000 SF
Property subtype
Industrial
Zoning
Industrial
Building Details
Building Size
147,000 SF
Year Built
1968
Buildings
1
Stories
1
Listing Agency:
Signature Associates - Southfield
(248) 948-0101
Listed By:
Steven G. Gordon
(248) 948-0101
Source:
Cpix.resimplifi
Added: Aug 20, 2025
Changed: Aug 29
Last Checked: Aug 29 at 5:30PM
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
Investment Insights
Based on property information with market context.
The 147,000-square-foot industrial facility was built in 1968 for crane manufacturing and includes four crane bays, heavy power, multiple offices and cubicles, and an IT room with a raised floor. Material-handling equipment includes 10 10-ton cranes and one 20-ton gantry crane. Two drive-through loading bays support movement through the building, while a diesel-powered generator serves as a whole-building backup power source.
Located at 36555 Amrhein Rd in Livonia, the property is 1 mile from I-96, M-14, and I-275. The site also offers the potential to add a minimum of four truckwells, providing an additional loading configuration for industrial operations.
Located at 36555 Amrhein Rd in Livonia, the property is 1 mile from I-96, M-14, and I-275. The site also offers the potential to add a minimum of four truckwells, providing an additional loading configuration for industrial operations.
Key Highlights
- 147,000‑square‑foot industrial facility built in 1968
- 10 10‑ton cranes and one 20‑ton gantry crane
- Four crane bays with heavy power service
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$761,032
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.90%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$15,220,640
$15.2M
Cap Rate 7%
$10,871,886
$10.9M
Cap Rate 9%
$8,455,911
$8.5M
Market Conditions
NOI Build-Up for 147,000 SF
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.
Gross rent
$1.13M $7.68/SF
− Vacancy
−$41.8K −$0.28/SF
EGI
$1.09M $7.40/SF
− OpEx
−$326.2K −$2.22/SF
NOI
$761.0K $5.18/SF
Area
Wayne County, MI
Vacancy
3.70%
Lease Rate
$7.68 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$15,220,640
Cap Rate 7%
$10,871,886
Cap Rate 9%
$8,455,911
Alternative Uses
Best Use
Industrial
$10.87M
$9.51M – $12.68M
NOI $761,032 @ 7.0% cap · market cap 6.90%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$27.22M
$23.81M – $31.75M
NOI $1,905,120 @ 7.0% cap · market cap 17.28%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
599
Businesses Nearby
Explore this area
Business Placement
Demographics for 48150, MI
26,573
Population
10,724
Households
2.5
Avg Household Size
42
Median Age
36%
College-Educated
96%
High-School Grad
12.1 sq mi
ZIP Area
2,196
Density / Sq Mi
$94,058
Median Household Income
$50,779
Median Earnings
$1,328
Median Rent
$228,600
Median Home Value
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?
Manufacturing property - Industrial manufacturing building with heavy power, multiple crane bays, offices, and truck-loading infrastructure.
Where is this manufacturing property located?
The property is located at 36555 Amrhein Rd Livonia, MI.
What is the asking price?
The asking price for this property is $11,025,000.
What are key features of this property?
This property features: 147,000‑square‑foot industrial facility built in 1968; 10 10‑ton cranes and one 20‑ton gantry crane; Four crane bays with heavy power service
