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Warehouse with Fifteen-Ton Crane
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8400 RONDA DR CANTON MI 48187-2002, Canton, MI 48187

Light Industrial zoned warehouse buildings featuring heavy power, new LED lighting, and a clear-span crane-equipped standalone facility.

Property Size138,416 SF
Price / SF$83.01
Days on Market10

Property Features for 8400 RONDA DR CANTON MI 48187-2002

General Information

Standard status Active
Size 138,416 SF
Property subtype Industrial

Building Details

Year Built 1985
Buildings 4
Listing Agency: Compass Boston
Listed By: Mike Kuritnik · License #S9531023
Source: Crexi
Added: Jul 27 Changed: Jul 31 Last Checked: Aug 4 at 8:44AM

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 Compass Boston

Investment Insights

Based on property information with market context.

This warehouse campus includes multiple Light Industrial zoned buildings offered together, including 8400, 8460, 8462, and 8464 Ronda. The properties total 138,416 SF and provide warehouse space with office components ranging from recently renovated to dock and grade door configurations. Building improvements noted include new LED lighting, and multiple power and ventilation systems, with portions described as fully sprinklered and Cambridge ventilation.

8400 Ronda offers 50,636 SF with 2,400 SF of office and 20'-23' clear height, supported by (3) 14'x14' grade-level doors and (3) truckwells. 8460 Ronda is a 12,000 SF standalone building featuring 29' clear height, a 15-ton crane with a 200' span, and clear span columns, plus 600A/240-480V power with a 160' bus duct and a brand new, warrantied roof. 8464 Ronda includes 38,462 SF with 21' clear height, a dock door expandable configuration, and (2) 12'x14' overhead doors.

8462 Ronda is 37,318 SF and built in 1977, with 21' clear height, (2) 10'x10' docks and (3) 14'x14' grade doors, along with Cambridge air rotation heat, LED lighting, and additional bus duct capacity. An additional 1 acre of land is also included.

Key Highlights

  • Total warehouse campus totals 138,416 SF across 8400, 8460, 8462, and 8464 Ronda
  • 8400 Ronda: 50,636 SF with 2,400 SF office, 20'-23' clear, (3) 14'x14' grade‑level doors, (3) truckwells
  • 8460 Ronda: 12,000 SF standalone building with 29' clear, 15‑ton crane, 200' span, 600A/240‑480V, 160' bus duct

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 $1.06M $7.68
− Vacancy −$39.3k −$0.28
EGI $1.02M $7.40
− OpEx −$153.6k −$1.11
NOI $870.1k $6.29
138,416 SF · lease $7.68/SF/yr · vacancy 3.70% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$12.43M
$10.88M – $14.50M (±1% cap)
NOI $870,147 @ 7.0% cap · market cap 7.57%
Second Best
Industrial
$10.24M
$8.96M – $11.94M (±1% cap)
NOI $716,592 @ 7.0% cap · market cap 6.24%
Theoretical Best
Specialty Retail
$25.63M
$22.42M – $29.90M (±1% cap)
NOI $1,793,871 @ 7.0% cap · market cap 15.61%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Canton General Contractor ... Hardware & Home Improvement

Suggested Use

Top Pick Restaurant Dental Office Real Estate Agency Law Firm Building Supply Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

529
Businesses Nearby
Balanced
Demand for This Use

Demographics for 48187, MI

52,498
Population
20,548
Households
2.6
Avg Household Size
39
Median Age
53%
College-Educated
95%
High-School Grad
18.1 sq mi
ZIP Area
2,900
Density / Sq Mi
$117,980
Median Household Income
$60,137
Median Earnings
$1,435
Median Rent
$341,400
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Similar Off Market Nearby

  • Public Storage 41889 Joy Rd, Canton, MI 48187
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  • Midwest Moving & Storage 41345 Koppernick Rd, Canton, MI 48187
  • Iron Mountain 7277 N Haggerty Rd, Canton, MI 48187

Frequently Asked Questions

What type of property is this?
Warehouse - Light Industrial zoned warehouse buildings featuring heavy power, new LED lighting, and a clear-span crane-equipped standalone facility.
Where is this warehouse located?
The property is located at 8400 RONDA DR CANTON MI 48187-2002 Canton, MI.
What is the asking price?
The asking price for this property is $11,490,000.
What are key features of this property?
This property features: Total warehouse campus totals 138,416 SF across 8400, 8460, 8462, and 8464 Ronda; 8400 Ronda: 50,636 SF with 2,400 SF office, 20'-23' clear, (3) 14'x14' grade‑level doors, (3) truckwells; 8460 Ronda: 12,000 SF standalone building with 29' clear, 15‑ton crane, 200' span, 600A/240‑480V, 160' bus duct
More about this property
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