Warehouse and Office
66375 S Forest, New Haven, MI
For Sale
$950,000
Industrial premises combine warehouse and shop areas with private offices and a site suited to vehicle and equipment operations.
Property Size14,400 SF
Lot Size4.00 Acres
Price / SF$65.97
Days on Market171
Property Features for 66375 S Forest
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Additional Details
Property Use
Listing Agency:
Keller Williams Paint Creek
(248) 609-8000
Listed By:
Joseph Delia · License MI #6501372650
(248) 244-0705
Source:
Jabachler
Added: May 28
Changed: Nov 11
Last Checked: Nov 13 at 1:41AM
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 Keller Williams Paint Creek
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This industrial property combines approximately 14,400 SF of warehouse, shop, and office space on roughly 4 acres. Multiple grade-level overhead doors serve the work areas, while private offices provide a separate administrative component. The site layout accommodates vehicles and equipment alongside daily business activity.
Located in the New Haven/Lenox area of Macomb County, the property is zoned Industrial. Its configuration brings together substantial land area, warehouse capacity, and office space within one property.
Located in the New Haven/Lenox area of Macomb County, the property is zoned Industrial. Its configuration brings together substantial land area, warehouse capacity, and office space within one property.
Key Highlights
- Approximately 14,400 SF of warehouse, shop, and office space
- Roughly 4 acres in the New Haven/Lenox area of Macomb County
- Multiple grade‑level overhead doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$85,045
Cap Rate
8.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,700,900
$1.7M
Cap Rate 7%
$1,214,929
$1.2M
Cap Rate 9%
$944,944
$944.9K
Market Conditions
NOI Build-Up for 14,400 SF
Gross rent
$105.4K $7.32/SF
− Vacancy
−$5.4K −$0.37/SF
EGI
$100.1K $6.95/SF
− OpEx
−$15.0K −$1.04/SF
NOI
$85.0K $5.91/SF
Area
Macomb County, MI
Vacancy
5.08%
Lease Rate
$7.32 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,700,900
Cap Rate 7%
$1,214,929
Cap Rate 9%
$944,944
Alternative Uses
Best Use
Warehouse
$1.21M
$1.06M – $1.42M
NOI $85,045 @ 7.0% cap · market cap 8.95%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.70M
$2.36M – $3.15M
NOI $188,714 @ 7.0% cap · market cap 19.86%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
160
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Market
Average Price Trend$/SF for Warehouses in Macomb County, MI
Properties on Market for Warehouses in Macomb County
Vacancy Rate% for Industrial in Midwest region
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Frequently Asked Questions
What type of property is this?
Warehouse - Industrial premises combine warehouse and shop areas with private offices and a site suited to vehicle and equipment operations.
Where is this warehouse located?
The property is located at 66375 S Forest New Haven, 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: Approximately 14,400 SF of warehouse, shop, and office space; Roughly 4 acres in the New Haven/Lenox area of Macomb County; Multiple grade‑level overhead doors
