451 E Wilson, Pontiac, MI 48341
Remodeled industrial facility featuring heavy crane capacity and updated features.
- Added:
- Apr 3, 2024
- Days on Market:
- 820
- Last Refresh:
- May 12 at 9:27 pm
Property Features for 451 E Wilson
General Information
- Standard status
- Active
- Size
- 46,461 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1970
Listing office Pilot Property Group (586) 254-0900
Listing date Apr 3, 2024
Source Xome
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 Pilot Property Group
HighLights
- Multiple heavy‑duty cranes (5 to 50 ton) with 10‑ton auxiliary, and 25‑35 ft under hook ceiling height.
- Reinforced concrete floors (8‑inch interior, 8‑inch exterior) and paved material bin pads.
- New roof, skylights, gutters, and freshly painted exterior.
- Remodeled offices and bathrooms with freshly painted interior.
- Security system with cameras, alarm, and key card access.
- Oversized (18x20ft) and standard (14x12ft) newer bay doors with openers.
Overview
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 | $341.5k | $7.35 |
| − Vacancy | −$12.6k | −$0.27 |
| EGI | $328.9k | $7.08 |
| − OpEx | −$98.7k | −$2.12 |
| NOI | $230.2k | $4.95 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Pontiac
- County
- Oakland
- State
- Michigan
- Longitude
- -83.2701654
- Latitude
- 42.6250126