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    Warehouse with New Rubber Roof Title is generated by Realmo AI

    50633 Ryan Rd, Shelby Township, MI 48317

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    For Sale
    $950,000

    Warehouse property featuring a new rubber roof and additional rear land for expansion or storage flexibility.

    Type:Industrial
    Property size:
    10,000 SF
    Price / SF:
    $95/SF
    Added:
    Jun 17, 2026
    Days on Market:
    11
    Last Refresh:
    Jun 24 at 3:46 am

    Property Features for 50633 Ryan Rd

    General Information

    Standard status
    Active
    Size
    10,000 SF
    Property subtype
    Industrial

    Building Details

    Year Built
    1969

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    Contact an agent
    Boyd Kraft
    Boyd Kraft

    Listing office Pilot Property Group

    Listing date Jun 17, 2026

    Source Cpix.resimplifi

    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

    • New rubber roof installed in 2021 by Lutz Roofing
    • Additional land available at the rear of the property
    • Lock box at site; contact agent for details

    Overview

    This warehouse property includes a rubber roof that was installed in 2021. A lockbox is located on-site, and buyers should contact the listing agent for access details and further information.

    Additional land is available at the rear of the property, offering extra outdoor space beyond the primary building footprint. The property is offered for sale at 50633 Ryan Rd in Shelby Township, Michigan.

    For tenants, owners, or investors looking for warehouse space with a relatively recent roofing replacement, the 2021 rubber roof can reduce near-term roof replacement concerns. The added rear land also supports practical uses where more outdoor area may be beneficial, such as staging, storage, or future expansion, subject to applicable approvals and requirements.

    Local Financial Insights For Warehouse

    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 $81.6k $8.16
    − Vacancy −$4.6k −$0.46
    EGI $77.0k $7.70
    − OpEx −$11.6k −$1.16
    NOI $65.5k $6.55
    10,000 SF · lease $8.16/SF/yr · vacancy 5.60% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $935.4K
    $818.5K – $1.09M (±1% cap)
    NOI $65,476 @ 7.0% cap · market cap 6.89%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Specialty Retail
    $1.87M
    $1.64M – $2.18M (±1% cap)
    NOI $131,051 @ 7.0% cap · market cap 13.79%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • M & RRV Storage — 3651 Hamlin Rd, Shelby Twp, MI 48317

    Location Insight

    • Map
    • Local Demand
    City
    Shelby Township
    County
    Macomb
    State
    Michigan
    Longitude
    -83.074245
    Latitude
    42.665462

    FAQs

    What type of property is this?
    Warehouse - Warehouse property featuring a new rubber roof and additional rear land for expansion or storage flexibility.
    Where is this warehouse located?
    The property is located at 50633 Ryan Rd Shelby Township, MI.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: New rubber roof installed in 2021 by Lutz Roofing; Additional land available at the rear of the property; Lock box at site; contact agent for details
    More about this property
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