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    Industrial properties

    1210 Hamlin Rd, Rochester Hills, MI 48309

    15,544 SF 2 ac lot Built 1987
    Property ID
    Property summary
    AI-generated overview

    This exceptional 15,544-square-foot manufacturing facility, located at 1210 W Hamlin Rd in Rochester Hills, Michigan, presents a compelling investment opportunity. Built in 1987 and renovated in 2000, the property sits on a 2-acre lot and boasts a gross lease structure with single tenancy. The asking price is $1,450,000, translating to $93.28 per square foot. The building features an impressive 18-foot ceiling height, ideal for various manufacturing processes. Significant improvements include a newer roof and a recently updated parking lot, reflecting the property's excellent maintenance. The layout is easily divisible, offering flexibility for potential tenants or expansion. A substantial 4,800-square-foot concrete mezzanine provides additional usable space. Its strategic location provides easy access to major thoroughfares, M-59 and I-75, ensuring convenient transportation and logistics. The property is zoned for industrial use, aligning perfectly with its current function and future potential. This well-maintained facility offers a rare combination of size, location, and functionality, making it an attractive prospect for discerning investors seeking a strong return on investment in the thriving Rochester Hills market. The property is located in Oakland County, Michigan, zip code 48309.

    Property profile
    Verified
    Property type Industrial properties
    Year built 1987
    Total area 15,544 SF
    Lot 2 ac (87,120 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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