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    29330 Stephenson Hwy Madison Heights, MI 48071

    For Lease
    $4 SF/Yr ($14,333 /Mo)

    Spacious industrial building, excellent location.

    Lot size:
    43,001 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 43,001 square foot manufacturing facility, built in 1963, is strategically located near the intersection of I-75 and 12 Mile Road, offering unparalleled access to major transportation arteries. Currently configured as a single-tenant occupancy, the property boasts 24,000 square feet of immediately available space, with a total building area of 43,001 square feet. The building features a 16-foot clear ceiling height, ideal for various manufacturing processes. Key features include one 12' x 12' grade-level door and one tuckwell, along with integrated cranes, heavy power, and robust bus duct systems. The property also benefits from a substantial excess parking area at the rear, ensuring ample space for employees and deliveries. The interior includes 3,500 square feet of office space, providing a comfortable and functional workspace. The property is zoned M-2, allowing for a wide range of manufacturing uses. With excellent main road exposure, this property offers significant visibility and accessibility. The available space ranges from 4,000 to 20,500 square feet, providing flexibility for businesses of various sizes. This is a rare opportunity to acquire a well-maintained, strategically located industrial property with significant upside potential.

    Property Features for 29330 Stephenson Hwy

    General Information

    Property type
    Manufacturing properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    43,001 SF
    Total Rate
    14333.67

    Building Details

    Year Built
    1963

    Unit(s) available at that property

    Space
    29350 Stephenson Hwy
    Size
    20,500 SF
    Rate per SF
    $4

    HighLights

    • 43,001 SF industrial building, single‑tenant occupancy.
    • 24,000 SF of vacant space available.
    • Built in 1963, featuring 16' clear height ceilings.
    • M‑2 zoning.
    • Features include: grade‑level door, truckwell, cranes, heavy power, and ample parking.
    • 3,500 SF of office space included.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Computer Explorers of Michigan Computer Support And Services

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Madison Heights
    County
    Oakland
    State
    Michigan
    Longitude
    -83.1173562
    Latitude
    42.5091177

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    FAQs

    What type of property is this?
    Manufacturing property - Spacious industrial building, excellent location.
    Where is this manufacturing property located?
    The property is located at 29330 Stephenson Hwy Madison Heights, MI.
    What is the lease rate?
    The lease rate is $4 SF/Yr.
    What are key features of this property?
    This property features: 43,001 SF industrial building, single-tenant occupancy.; 24,000 SF of vacant space available.; Built in 1963, featuring 16' clear height ceilings.
    Request Owner's contact information
    29330 Stephenson Hwy Madison Heights, MI 48071
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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
    29330 Stephenson Hwy Madison Heights, MI 48071
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