Flex Space with Overhead
For Sale
Contact for pricing
4310 Delemere Blvd, Royal Oak, MI 48073
GI-zoned flex space includes overhead doors, a fenced parking lot, and a new roof.
Property Size10,850 SF
Price / SF$0.00
Days on Market354
Property Features for 4310 Delemere Blvd
General Information
Standard status
Active
Size
10,850 SF
Property subtype
Industrial
Zoning
GI
Building Details
Building Size
10,850 SF
Listing Agency:
Colliers
Listed By:
Joe Royer
(248) 226-1628
Source:
Cpix.resimplifi
Added: Oct 28, 2025
Changed: Oct 13
Last Checked: Oct 14 at 7:55PM
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 Colliers
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Investment Insights
Based on property information with market context.
This GI-zoned flex property provides 4,853 to 10,850 square feet of industrial space, with five overhead doors, a fully fenced parking lot, and a brand-new roof. The building is available for sale or lease.
Located at 4310 Delemere Blvd in Royal Oak, Michigan, the property offers a functional industrial configuration for commercial users seeking flexible space and secured outdoor parking.
Located at 4310 Delemere Blvd in Royal Oak, Michigan, the property offers a functional industrial configuration for commercial users seeking flexible space and secured outdoor parking.
Key Highlights
- 4,853 to 10,850 SF of industrial space
- Five overhead doors
- Fully fenced parking lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,758
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,075,160
$1.1M
Cap Rate 7%
$767,971
$768.0K
Cap Rate 9%
$597,311
$597.3K
Market Conditions
NOI Build-Up for 10,850 SF
Gross rent
$79.7K $7.35/SF
− Vacancy
−$3.0K −$0.27/SF
EGI
$76.8K $7.08/SF
− OpEx
−$23.0K −$2.12/SF
NOI
$53.8K $4.95/SF
Area
Oakland County, MI
Vacancy
3.70%
Lease Rate
$7.35 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,075,160
Cap Rate 7%
$767,971
Cap Rate 9%
$597,311
Alternative Uses
Best Use
Flex RnD
$1.60M
$1.40M – $1.87M
NOI $112,219 @ 7.0% cap · market cap 804,437.28%
Second Best
Warehouse
$932.5K
$816.0K – $1.09M
NOI $65,277 @ 7.0% cap · market cap 467,935.48%
Theoretical Best
Specialty Retail
$2.34M
$2.05M – $2.73M
NOI $163,818 @ 7.0% cap · market cap 1,174,322.58%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
496
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 48073, MI
33,658
Population
17,551
Households
1.9
Avg Household Size
39
Median Age
59%
College-Educated
97%
High-School Grad
7.4 sq mi
ZIP Area
4,548
Density / Sq Mi
$86,426
Median Household Income
$58,525
Median Earnings
$1,245
Median Rent
$302,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Midwest region
Similar Off Market Nearby
- Two Unique Catering — 4303 Delemere Ct, Royal Oak, MI 48073
Frequently Asked Questions
What type of property is this?
Flex space - GI-zoned flex space includes overhead doors, a fenced parking lot, and a new roof.
Where is this flex space located?
The property is located at 4310 Delemere Blvd Royal Oak, MI.
What are key features of this property?
This property features: 4,853 to 10,850 SF of industrial space; Five overhead doors; Fully fenced parking lot
