901 Highview Dr, Webberville, MI
29,016 SF high-tech industrial facility with expansion potential.
- Added:
- Jul 19, 2023
- Days on Market:
- 1075
- Last Refresh:
- May 20 at 8:19 pm
Property Features for 901 Highview Dr
General Information
- Standard status
- Active
- Size
- 29,016 SF
- Lot size
- 4.00 Acres
- Property subtype
- INDUSTRIAL
Listing office PA Commercial (248) 663-0506
Listing date Jul 19, 2023
Source Moodyscre
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HighLights
- 29,016 SF high‑tech industrial facility ideal for owner/user.
- 100% AC building with attractive metal façade and natural light.
- Shop space features heavy 480‑volt power and 14‑16' clear height.
- Situated on a 4‑acre lot with room for building expansion.
- Includes 2,000 SF office area with reception, conference room, workspace, and lunch room.
- 40 parking spaces available.
Overview
Local Financial Insights For Industrial
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 | $261.1k | $9.00 |
| − Vacancy | −$26.4k | −$0.91 |
| EGI | $234.8k | $8.09 |
| − OpEx | −$70.4k | −$2.43 |
| NOI | $164.3k | $5.66 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Webberville
- County
- Ingham
- State
- Michigan
- Longitude
- -84.1948
- Latitude
- 42.6628