46705 Erb Dr Macomb, MI 48042
- Flex space
- 20,000 SF
- 2.38 lot acres
Current Use by Public Records
- Web Design In Detroit / Internet Marketing Service / Logistics Service
Property Details for 46705 Erb Dr
- Year built
- 1988
- Lot size
- 2.38 lot acres
- Property size
- 20,000 SF
- Zone code
- M1
- Property type
- Flex space
- APN
- 20-08-36-227-021
- APU
- 200836227021
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,100,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,045,000
- 6.5%
- $985,000
- 7%
- $1,010,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,285,000
- Geo Method
- $1,135,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,225,000
- Retail
- $1,275,000
- Mixed-Use
- $1,060,000
- Hospitality
- $1,215,000
- Educational
- $1,075,000
- Residential Income
- $1,125,000
- Energy
- $1,250,000
- Income-Based Land
- $1,045,000
- Food Service
- $1,250,000
Location Insight
- Map
- Local Demand
- City
- Macomb
- County
- Macomb
- State
- Michigan
- Longitude
- -82.8586
- Latitude
- 42.6442
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
