Freestanding Industrial
For Sale
Contact for pricing
8460 Ronda Dr, Canton, MI 48187
Renovated 12,000 SF warehouse with 24' clear height, clear-span space, and a 15-ton crane.
Property Size12,000 SF
Lot Size1.56 Acres
Price / SF$124.58
Days on Market203
Property Features for 8460 Ronda Dr
General Information
Standard status
Active
Size
12,000 SF
Total Parking Spaces
23
Lot size
1.56 Acres
Property subtype
Industrial
Zoning
L-I
Warehouse & Industrial
Clear Height
24 ft
Drive-In Doors
1
Heavy Power
Yes
Additional Details
Highway Access
Yes
Building Details
Year Built
1975
Year Renovated
2025
Buildings
1
Stories
1
Units
1
Listing Agency:
Compass Boston
Listed By:
Mike Kuritnik · License #S9531023
Source:
Crexi
Added: Apr 1
Changed: Oct 8
Last Checked: Oct 20 at 6:25PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This freestanding industrial warehouse was renovated in 2025, including a new roof with warranty. The facility offers 24’ clear height with clear-span layout and is equipped with a 15-ton crane rated with 22’ under-hook clearance. Improvements also include a 600-amp bus duct system (3P) and one existing drive-in door, with space available to add additional doors or a dock configuration.
The property sits on a 1.56-acre parcel with 23 parking spaces and is described as minutes from I-275.
The building’s configuration is designed to support overhead lifting and flexible material handling within a clear-span interior, while the current door count can be expanded to better match incoming and shipping needs.
The property sits on a 1.56-acre parcel with 23 parking spaces and is described as minutes from I-275.
The building’s configuration is designed to support overhead lifting and flexible material handling within a clear-span interior, while the current door count can be expanded to better match incoming and shipping needs.
Key Highlights
- 12,000 SF freestanding industrial warehouse built in 1975, minutes from I‑275
- Renovated in 2025, including a new roof with warranty
- 24' clear height and clear‑span warehouse space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$75,438
Cap Rate
5.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,508,760
$1.5M
Cap Rate 7%
$1,077,686
$1.1M
Cap Rate 9%
$838,200
$838.2K
Market Conditions
NOI Build-Up for 12,000 SF
Gross rent
$92.2K $7.68/SF
− Vacancy
−$3.4K −$0.28/SF
EGI
$88.8K $7.40/SF
− OpEx
−$13.3K −$1.11/SF
NOI
$75.4K $6.29/SF
Area
Wayne County, MI
Vacancy
3.70%
Lease Rate
$7.68 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,508,760
Cap Rate 7%
$1,077,686
Cap Rate 9%
$838,200
Alternative Uses
Best Use
Warehouse
$1.08M
$943.0K – $1.26M
NOI $75,438 @ 7.0% cap · market cap 5.05%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.22M
$1.94M – $2.59M
NOI $155,520 @ 7.0% cap · market cap 10.40%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
24 ft
Clear height
1
Drive-in doors
Yes
Heavy power
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
533
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Midwest region
Similar Off Market Nearby
- Iron Mountain — 7277 N Haggerty Rd, Canton, MI 48187
- Midwest Moving & Storage — 41345 Koppernick Rd, Canton, MI 48187
- Public Storage — 41889 Joy Rd, Canton, MI 48187
- National Storage — 40671 Joy Rd, Canton, MI 48187
- Stow and Go Self Storage — 41999 Ann Arbor Rd, Plymouth, MI 48170
Frequently Asked Questions
What type of property is this?
Warehouse - Renovated 12,000 SF warehouse with 24' clear height, clear-span space, and a 15-ton crane.
Where is this warehouse located?
The property is located at 8460 Ronda Dr Canton, MI.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: 12,000 SF freestanding industrial warehouse built in 1975, minutes from I‑275; Renovated in 2025, including a new roof with warranty; 24' clear height and clear‑span warehouse space
