45700 Mound Rd, Shelby Township, MI 48317
17,086 SF building on 4.8 acres with development potential.
- Added:
- Aug 23, 2024
- Days on Market:
- 683
- Last Refresh:
- May 12 at 9:06 pm
Property Features for 45700 Mound Rd
General Information
- Standard status
- Active
- Size
- 17,086 SF
- Lot size
- 4.80 Acres
- Property subtype
- Industrial, Office, Retail
Listing office Tabbi Real Estate
Listing date Aug 23, 2024
Source Crexi
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 Tabbi Real Estate
HighLights
- 17,086 square foot building on 4.8 acres at M‑59 and Mound.
- Excellent location at M‑59 and Mound with 520' frontage on Mound Rd.
- 117 parking spaces with room for additional parking on 1 acre.
- Three points of egress via Mound Road, Auburn Road, and West Utica.
- Zoned C‑4 - General Business District.
- Four (4) overhead doors.
Overview
Local Financial Insights For Mixed Use
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 | $369.1k | $21.60 |
| − Vacancy | −$44.3k | −$2.59 |
| EGI | $324.8k | $19.01 |
| − OpEx | −$121.8k | −$7.13 |
| NOI | $203.0k | $11.88 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Shelby Township
- County
- Macomb
- State
- Michigan
- Longitude
- -83.051133
- Latitude
- 42.630665
