Turnkey Industrial Building with
5650 Jamestown Rd Shelby Township, MI 48317
For Sale
Contact for pricing
Recently remodeled 6,100 SF industrial building offers an office/warehouse mix plus a secured fenced yard for added operational space.
Property Size6,100 SF
Price / SF$147.52
Days on Market114
Property Features for 5650 Jamestown Rd
General Information
- Standard status
- Active
- Size
- 6,100 SF
- Property subtype
- Industrial
Listing Agency:
Realty Executives Home Towne (Shelby)
(586) 615-0101
Listed By:
Maurice Khalifa · License #MI 6502376505
Source:
Crexi
Added: Apr 1
Changed: Jul 23
Last Checked: Jul 23 at 2:29PM
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 Realty Executives Home Towne (Shelby)
Investment Insights
Based on property information with market context.
This turnkey industrial building was remodeled in 2025 and is offered in move-in-ready condition. The property includes a functional layout combining warehouse and office space, supporting day-to-day operations for businesses that need both production or storage area and on-site workspace.
The building also features a secured, fenced-in yard, providing additional outdoor space that can be used for equipment, vehicle parking, or outdoor storage. Convenient access to major roadways supports local and regional operations.
With a dedicated office/warehouse configuration and outdoor yard area, the property is well-suited for a range of industrial users, including contractors, distribution, storage, or warehouse operations.
The building also features a secured, fenced-in yard, providing additional outdoor space that can be used for equipment, vehicle parking, or outdoor storage. Convenient access to major roadways supports local and regional operations.
With a dedicated office/warehouse configuration and outdoor yard area, the property is well-suited for a range of industrial users, including contractors, distribution, storage, or warehouse operations.
Key Highlights
- 6,100 SF industrial building in Shelby Township, MI, remodeled in 2025
- Move‑in ready office/warehouse mix with a functional layout for day‑to‑day operations
- Secured, fenced‑in yard for outdoor storage, equipment, or vehicle parking
Financial Insights For Flex RnD
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 | $120.8k | $19.80 |
| − Vacancy | −$14.2k | −$2.33 |
| EGI | $106.6k | $17.47 |
| − OpEx | −$37.3k | −$6.12 |
| NOI | $69.3k | $11.36 |
6,100 SF · lease $19.80/SF/yr · vacancy 11.75% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$989.7K
$866.0K – $1.15M
NOI $69,282 @ 7.0% cap · market cap 7.70%
Second Best
Warehouse
$570.6K
$499.3K – $665.7K
NOI $39,940 @ 7.0% cap · market cap 4.44%
Theoretical Best
Specialty Retail
$1.14M
$999.3K – $1.33M
NOI $79,941 @ 7.0% cap · market cap 8.88%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
FAQs
What type of property is this?
Flex space - Recently remodeled 6,100 SF industrial building offers an office/warehouse mix plus a secured fenced yard for added operational space.
Where is this flex space located?
The property is located at 5650 Jamestown Rd Shelby Township, MI.
What is the asking price?
The asking price for this property is $899,900.
What are key features of this property?
This property features: 6,100 SF industrial building in Shelby Township, MI, remodeled in 2025; Move‑in ready office/warehouse mix with a functional layout for day‑to‑day operations; Secured, fenced‑in yard for outdoor storage, equipment, or vehicle parking
