Property profile

21810 Clessie Ct New Hudson, MI 48165

OFF-MARKET
Warehouses
99,031 SF Built 2002
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Property summary

AI-generated overview

This exceptional 99,031-square-foot flex office and warehouse facility, situated in New Hudson, Michigan, presents a compelling investment opportunity. Built in 2002 and zoned I-1 Light Industrial, the property boasts an impressive 500+ feet of frontage along I-96, offering unparalleled visibility and accessibility. The building features 45,000 square feet of office space and 54,000 square feet of warehouse space, with a ceiling height ranging from 22 to 24 feet. Ample parking is provided with 177 spaces, and there's potential for future expansion on additional available land. The property includes two loading docks, four dock-high doors, two truckwells, a 25-ton crane, an air compressor, and a backup generator. The robust electrical system includes a 500 KVA pad-mounted transformer, a 2000 amp main distribution panel, and 480/277-volt, 3-phase service. Currently occupied, the property is projected to be vacant in the first quarter of 2025, presenting a unique chance to acquire a well-maintained, strategically located asset in a rapidly growing area of Southeast Michigan. The asking price is $12,000,000, translating to $121.17 per square foot. The property's location offers easy access to major interchanges at Milford and Wixom Roads, making it ideal for automotive companies, major suppliers, or other industrial businesses seeking a prominent presence in Oakland County. The property's APN is 21-02-376-021.

Property profile

Verified
Property type Warehouses
Year built 2002
Total area 99,031 SF

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Corporate Office Business Park
  • Auto Repair Shop

Location

21810 Clessie Ct New Hudson, MI 48165
New Hudson metro
Google Maps

Value estimations

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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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