45150 Polaris Ct Plymouth, MI 48170
- Manufacturing properties
- 11,600 SF
- 1.81 lot acres
Current Use by Public Records
- RedGuard Fire & Security / Corporate Office
- Smart & Green Controls / Hvac Contractor / Air Conditioning Repair Service
Property Details for 45150 Polaris Ct
- Year built
- 1996
- Lot size
- 1.81 lot acres
- Property size
- 11,600 SF
- Zone code
- IND
- Property type
- Manufacturing properties
- APN
- R-78-014-02-0127-300
- APU
- R78014020127300
Description
This exceptional 11,600-square-foot single-tenant property, located in the Southern I-275 Corridor, presents a unique opportunity for businesses seeking versatile space. Situated on a 1.25-acre lot (54,450 square feet), this 1996-built building offers a blend of office and industrial functionality, perfect for a variety of uses. The flexible layout includes 8,000 square feet of office space and ample warehouse area, all within a single-story structure. High ceilings, ranging from 10 to 16 feet, provide ample vertical space. The property boasts twelve dock-high doors, ensuring efficient loading and unloading. The zoning is Light Industrial, allowing for a wide range of potential uses. The property is conveniently located west of Sheldon Road, offering easy access to major transportation routes. The lease rate is $13.95 per square foot on a modified gross basis. The sale price is available upon request. This is a rare opportunity to acquire a well-maintained, versatile property in a prime location. The property's size, features, and location make it an attractive option for businesses seeking to establish or expand their operations in this thriving submarket.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,110,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,285,000
- 6.5%
- $1,255,000
- 7%
- $1,135,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,020,000
- Geo Method
- $1,370,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,045,000
- Retail
- $1,165,000
- Mixed-Use
- $1,275,000
- Hospitality
- $1,275,000
- Educational
- $1,265,000
- Residential Income
- $1,050,000
- Energy
- $1,135,000
- Income-Based Land
- $960,000
- Food Service
- $1,130,000
Location Insight
- Map
- Local Demand
- City
- Plymouth
- County
- Wayne
- State
- Michigan
- Longitude
- -83.4883
- Latitude
- 42.39
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
