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    Warehouse With Updated Rubber Roof Title is generated by Realmo AI

    50633 Ryan Road, Shelby Twp, MI 48317

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    Claim this Listing
    New
    For Sale
    $950,000

    COMMERCIAL - Shelby Twp, MI

    Property size:
    10,000 SF
    Lot size:
    1.00 Acre
    Price / SF:
    $95/SF
    Added:
    Jun 18, 2026
    Days on Market:
    5
    Last Refresh:
    Jun 22 at 10:06 am

    Property Features for 50633 Ryan Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Parking features
    Parking Lot
    Standard status
    Active
    APN
    23-07-19-200-010
    Size
    10,000 SF
    Lot size
    1.00 Acre

    Utilities

    Heating system
    Forced Air
    Water source
    Public

    Building Details

    Year built
    1969
    Roof type
    Rubber

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    Listing Contact
    Boyd C. Kraft
    Boyd C. Kraft

    Listing agent Boyd C. Kraft License #6506047213

    Listing office Pilot Property Group - Residential LLC 38600 Van Dyke Ste 325, Shelby Twp, MI

    Listing date Jun 18, 2026

    MLS# 50211853

    Copyright © 2026 Multiple Listing Service MiRealSource. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • New rubber roof installed in 2021 by Lutz Roofing
    • Heating: forced air
    • Water source: public
    • Parking: parking lot
    • Additional land available at the rear of the property

    Overview

    This for-sale warehouse totals 10,000 square feet on a 1-acre lot. The property’s roof was replaced with a rubber roof system in 2021 by Lutz Roofing. In addition to the main building area, additional land is available at the rear of the property.

    The property is located at 50633 Ryan Road in Shelby Twp, Michigan (48317), in Macomb County. A lockbox is on the listing for convenient access for qualified buyers.

    For tenant and buyer use, the straightforward warehouse configuration and recent roof replacement support operations that require a durable enclosed space. The presence of extra rear land can also be useful for buyers who want options for site planning beyond the existing building footprint. This is a practical offering for warehouse users looking for a property with a defined size, an updated roof, and room to consider future site needs.

    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.
    Property Profile 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 Twp
    County
    Macomb
    State
    Michigan
    Longitude
    -83.07424
    Latitude
    42.665162

    FAQs

    What type of property is this?
    Warehouse - Single-tenant warehouse offering a 2021 rubber roof and additional rear land for expansion or flexibility.
    Where is this warehouse located?
    The property is located at 50633 Ryan Road Shelby Twp, 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; Heating: forced air; Water source: public
    More about this property
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