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Pinewood Industrial Park Warehouse

3155 Dallavo Ct Walled Lake, MI 48390

3155 Dallavo Ct, Walled Lake, MI, 48390
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Warehouse with air conditioning and corporate office in Pinewood.

Property Size9,600 SF
Lot Size4.00 Acres
Price / SF$166.67
AddedAug 1, 2024
Days on Market714
Last RefreshJul 15 at 3:48 pm

Property Features for 3155 Dallavo Ct

General Information

Standard status
Active
Size
9,600 SF
Lot size
4.00 Acres
Property subtype
Industrial

Listing office Dominion Real Estate

Listing date Aug 1, 2024

Source Crexi

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 Dominion Real Estate


Investment Insights

Based on property information with market context.

Located in Pinewood Industrial Park, this 9,600-square-foot warehouse features air conditioning throughout the entire building. The property includes one truck well and a high-image corporate office. Situated on 4 acres, the location is approximately 1/4 mile from Martin Pkwy (M-5).

Key Highlights

  • Located in Pinewood Industrial Park
  • High image corporate office / warehouse
  • Air conditioning throughout the entire building

Local 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 $70.6k $7.35
− Vacancy −$2.6k −$0.27
EGI $67.9k $7.08
− OpEx −$10.2k −$1.06
NOI $57.8k $6.02
9,600 SF · lease $7.35/SF/yr · vacancy 3.70% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$825.1K
$722.0K – $962.6K (±1% cap)
NOI $57,757 @ 7.0% cap · market cap 3.61%
Second Best
Industrial
$679.5K
$594.6K – $792.7K (±1% cap)
NOI $47,564 @ 7.0% cap · market cap 2.97%
Theoretical Best
Specialty Retail
$2.07M
$1.81M – $2.42M (±1% cap)
NOI $144,945 @ 7.0% cap · market cap 9.06%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Warehouses

Suggested Use

Nail Salon Parking Lot & Garage Pharmacy (Bike/Boat/Book/etc) Store Bakery Spa & Massage Center (Bike/Boat/Book/etc) Store Grocery & Convenience Store Locksmith Furniture & Home Goods

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

Similar Off Market Nearby

  • Wilson Marine Commerce Twp — 4440 Haggerty Rd, Commerce Charter Twp, MI 48390
  • Wilson Marine Parts/Service Commerce Twp — 4266 Haggerty Rd, Commerce Charter Twp, MI 48390
  • Veho Motors — 8230 Goldie St, Walled Lake, MI 48390
  • GLC — 3162 Martin Rd, Commerce Charter Twp, MI 48390
  • Public Storage — 3220 Oakley Park Rd, Commerce Charter Twp, MI 48390

FAQs

What type of property is this?
Warehouse - Warehouse with air conditioning and corporate office in Pinewood.
Where is this warehouse located?
The property is located at 3155 Dallavo Ct Walled Lake, MI.
What is the asking price?
The asking price for this property is $1,599,999.
What are key features of this property?
This property features: Located in Pinewood Industrial Park; High image corporate office / warehouse; Air conditioning throughout the entire building
Contact an agent
(248) 399-9999 Call to check price and availability
More about this property
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