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    15065 32 Mile Rd Romeo, MI 48065

    Sponsored
    For Lease
    $8 SF/Yr ($15,007 /Mo)

    20,190 SF Multi-Use Building in Romeo, MI

    Lot size:
    20,190 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 20,190-square-foot multi-use building, constructed in 2008, presents a unique opportunity for businesses seeking a blend of office and industrial space. Located at 15065 32 Mile Rd, Romeo, MI 48065 (Just East of M-53), this single-tenant property features a two-story design. The front boasts executive office and showroom space, while the rear offers a spacious warehouse area. The building includes two loading docks for efficient shipping and receiving, and ample parking with 30 spaces available. The warehouse boasts a 22-foot ceiling height, providing significant storage capacity. Power is robust, with a 2,000 AMP, 240 V, 3-phase electrical service. The property is zoned I-1 and sits on a sizable lot. The building is currently vacant, offering immediate occupancy. This versatile property is ideal for a variety of businesses requiring both office and warehouse functionality. The property's convenient location provides easy access to major transportation routes. The APN is 28-04-01-200-026. This is a rare opportunity to secure a well-maintained, spacious, and strategically located multi-use building.

    Property Features for 15065 32 Mile Rd

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    20,190 SF
    Total Rate
    15007.9

    Building Details

    Year Built
    2008
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Available space
    Size
    20,190 SF
    Rate per SF
    $8

    HighLights

    • Main road industrial building available for lease at 32 Mile and Powell in Romeo, MI.
    • Two‑story building featuring front office/showroom space and rear shop/warehouse area.
    • Ideal for a variety of uses.
    • Inquire for additional information.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Restaurant Building Supply Wholesale Shop Gym & Fitness Auto Repair Shop Auto Parts Store Storage Facility HVAC Service Convenience Store Car Rental

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

    Location Insight

    • Map
    • Local Demand
    City
    Romeo
    County
    Macomb
    State
    Michigan
    Longitude
    -82.980614861018
    Latitude
    42.803308983188

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    Nearby Similar for Lease

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    FAQs

    What type of property is this?
    Distribution property - 20,190 SF Multi-Use Building in Romeo, MI
    Where is this distribution property located?
    The property is located at 15065 32 Mile Rd Romeo, MI.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: Main road industrial building available for lease at 32 Mile and Powell in Romeo, MI.; Two-story building featuring front office/showroom space and rear shop/warehouse area.; Ideal for a variety of uses.
    Request Owner's contact information
    15065 32 Mile Rd Romeo, MI 48065
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    Romeo, MI 48065
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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
    15065 32 Mile Rd Romeo, MI 48065
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