Entity Owned Property summary
This exceptional 10,000-square-foot warehouse space is available for lease in the desirable Groesbeck North submarket of Macomb County. Located at 46705 Erb Dr, this property boasts a prime location near the intersection of 21 Mile Rd and Gratiot Ave, with convenient access to I-94. The building, constructed in 1990 and renovated in 2022, offers a spacious layout including 3,600 square feet of office/showroom space and 6,400 square feet of warehouse/shop space, complemented by a… 3,600-square-foot shop mezzanine. The warehouse features a generous 16-foot clear ceiling height, two 12' x 14' overhead doors, and ample parking with 50 total spaces. A significant advantage is the large fenced-in outdoor storage area, providing additional space for inventory or equipment. The property sits on a 1.22-acre lot and is zoned for light industrial use. The building is equipped with 400 AMP, 220-volt power. This space is ideal for a variety of warehouse or manufacturing businesses seeking a functional and well-located facility. An additional 10,000 square feet of warehouse space is also available in the same building. Don't miss this opportunity to secure a high-quality industrial space in a thriving location.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records and 13 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 17 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 20,000 SF
- Lot area
- 2.38 ac
- Year built
- 1988
- Stories
- 1
- APN
- 20-08-36-227-021
- Zoning
- M1
- Assessed value · 2024
- $533,600
- Annual tax · 2023
- $24,727
- Warehouse, Storage
- Industrial (general) · current use
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Everything in the Light report
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Everything in the Light report
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
The PDF can’t be displayed here
Use Download PDF or Open in new tab above to view the sample report.
