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    29880 Groesbeck Hwy Roseville, MI 48066

    Sponsored
    For Lease
    $9 SF/Yr

    232,717 SF Manufacturing Facility, Macomb East

    Lot size:
    232,717 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This expansive 232,717-square-foot single-tenant manufacturing facility in Roseville, Michigan, presents a unique investment opportunity. Situated on a 10.98-acre lot at 29880 Groesbeck Hwy (north of 12 Mile Rd), this property boasts a 2024 renovation, including a new roof, parking lot, and a substantial 7,000-square-foot addition of modern office space. The building, constructed in 1966, features a single story with impressive ceiling heights ranging from 24 to 43 feet. Multiple grade-level doors provide convenient access to every bay, enhancing operational efficiency. Heavy-duty infrastructure is in place, including double girder cranes with double hooks offering a 70-ton capacity across 38 bridges and 57 hoists. The property also includes 300 parking spaces and a robust power supply with 2000, 1500, and 1000 KVA services. Safety is prioritized with an ESFR fire suppression system. The property is zoned I-2 and its APN is 08-14-07-427-017. This exceptional facility is ideally located in the Macomb East submarket and offers significant potential for a variety of manufacturing operations. The entire building is currently vacant.

    Property Features for 29880 Groesbeck Hwy

    General Information

    Property type
    Manufacturing properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    232,717 SF
    Total Rate
    179386.02

    Building Details

    Year Built/Renovated
    1966/2024
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space
    Size
    232,717 SF
    Rate per SF
    $9

    HighLights

    • 232,717 square feet of warehouse space available
    • 7,000 square feet of office space included
    • 24' to 43' clear ceiling height
    • Eight grade‑level loading doors and one truck well
    • Thirty‑eight cranes, ranging from 10‑ton to 70‑ton capacity
    • 10.9‑acre site
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Roseville
    County
    Macomb
    State
    Michigan
    Longitude
    -82.9513679
    Latitude
    42.5153053

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    FAQs

    What type of property is this?
    Manufacturing property - 232,717 SF Manufacturing Facility, Macomb East
    Where is this manufacturing property located?
    The property is located at 29880 Groesbeck Hwy Roseville, MI.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: 232,717 square feet of warehouse space available; 7,000 square feet of office space included; 24' to 43' clear ceiling height
    Request Owner's contact information
    29880 Groesbeck Hwy Roseville, MI 48066
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    29880 Groesbeck Hwy Roseville, MI 48066
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