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    5400 Perry Dr Waterford Township, MI 48329

    For Lease
    Contact for pricing

    Massive Oakland County warehouse, ready for occupancy.

    Lot size:
    429,210 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 429,210-square-foot warehouse, located at 5400 Perry Dr in Waterford Township, Michigan, presents a significant opportunity for industrial businesses. Situated on a substantial 35.76-acre lot, this Class B property offers ample space and functionality. Built in 1979, the building boasts a 28-foot ceiling height, providing significant vertical storage capacity. The property features 44 dock-high doors and 2 drive-in doors, ensuring efficient loading and unloading operations. Currently entirely vacant, this single-tenant warehouse is ideal for a business seeking a large, well-equipped space. Its location in Oakland County, Michigan, offers excellent access to major transportation routes and a skilled workforce. The property's size and features make it suitable for a wide range of industrial uses, from distribution and warehousing to manufacturing and light assembly. The address is 5400 Perry Dr, Waterford Township, MI 48329. This is a rare opportunity to secure a substantial industrial space in a prime location. The entire building is available for lease.

    Property Features for 5400 Perry Dr

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    429,210 SF
    Class
    B

    Building Details

    Year Built
    1979

    Unit(s) available at that property

    Space
    Available Space
    Size
    429,210 SF

    HighLights

    • ±429,000 SF modern warehouse distribution facility on a ±36‑acre infill site, available for lease or sale.
    • 44 dock‑high doors, 2 drive‑in doors, and 28‑foot clear heights.
    • Ample parking (approx. 288 spaces) and trailer storage (approx. 60 spaces).
    • Excellent I‑75 and Oakland County International Airport access in an infill submarket.
    • Strong demographics: average household income within a 5‑mile radius is approximately $90,000.
    • Low vacancy rates: 3.8% market, 4.2% submarket.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Distribution centers

    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
    Waterford Township
    County
    Oakland
    State
    Michigan
    Longitude
    -83.3933737
    Latitude
    42.6847941

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    FAQs

    What type of property is this?
    Distribution property - Massive Oakland County warehouse, ready for occupancy.
    Where is this distribution property located?
    The property is located at 5400 Perry Dr Waterford Township, MI.
    What are key features of this property?
    This property features: ±429,000 SF modern warehouse distribution facility on a ±36-acre infill site, available for lease or sale.; 44 dock-high doors, 2 drive-in doors, and 28-foot clear heights.; Ample parking (approx. 288 spaces) and trailer storage (approx. 60 spaces).
    Request Owner's contact information
    5400 Perry Dr Waterford Township, MI 48329
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    Waterford Township, MI 48329
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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
    5400 Perry Dr Waterford Township, MI 48329
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