Property summary
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
VerifiedCap rate & NOI
Current use
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Corporate Office Business Park
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Auto Repair Shop
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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