Property profile

24550 Indoplex Cir Farmington Hills, MI 48335

OFF-MARKET
Warehouses
28,641 SF 1.5 ac lot Built 1973
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Property summary

AI-generated overview

This exceptional 28,641-square-foot industrial building in Farmington Hills, Michigan, presents a unique owner-user opportunity. Located at 24550 Indoplex Cir, 48335, this vacant property sits on 1.5 acres and offers a versatile layout ideal for distribution, manufacturing, or warehousing. Built in 1973 and extensively renovated in 2018, the building features a two-story design with approximately 3,641 square feet of office space and a 25,000-square-foot warehouse. The warehouse boasts a 16-foot ceiling height, one loading dock with one dock-high door, and is equipped with 1000 amps of 240V power. Additional features include a full-building Generac generator for backup power and a sprinkler system throughout. The asking price is $3,000,000, translating to $104.74 per square foot. This prime location in Oakland County offers easy access to major transportation routes, making it an attractive option for businesses seeking efficient logistics and operations. The property's modern amenities and substantial size make it a rare find in a highly desirable area.

Property profile

Verified
Property type Warehouses
Year built 1973
Total area 28,641 SF
Lot 1.5 ac (65,340 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

24550 Indoplex Cir Farmington Hills, MI 48335
Farmington Hills metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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