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    FOR SALE
    Manufacturing properties

    1755 E 9 Mile Rd, Hazel Park, MI 48030

    7,559 SF 0.31 ac lot Built 1946
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US43-0868849
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents two adjoining warehouse properties located at 1755 & 1785 E Nine Mile Rd, Hazel Park, MI 48030. The properties boast a prime location, just one mile from the intersection of I-75 and I-696, offering excellent accessibility and visibility. The first building, at 1755 E Nine Mile Rd, comprises 7,559 square feet, including 800 square feet of air-conditioned office space. It features 10'-18' clear ceiling heights, one 10'x10' grade-level door, and robust 1000 amp, 480-volt power. The second building, at 1785 E Nine Mile Rd, offers 7,274 square feet, with 952 square feet of air-conditioned office space. This building boasts 13'-24' clear ceiling heights, a 14'x14' grade-level door, and 600 amp, 240-volt power. Both buildings are situated on a main street, providing excellent frontage. Built in 1946 and renovated in 2000, these properties are zoned M-1 and include 10 parking spaces. The sale price for 1755 E Nine Mile Rd is $625,000 ($82.68/sq ft), while 1785 E Nine Mile Rd is priced at $675,000 ($91.99/sq ft). This is a rare opportunity to acquire two substantial warehouse buildings in a high-demand area, close to Ferndale and Royal Oak. The properties offer a blend of warehouse space and functional office areas, making them suitable for a variety of industrial uses. The APN for the properties is 25-25-478-034.

    Property profile
    Verified
    Property type Manufacturing properties
    Use group MANUFACTURING (LIGHT)
    Year built 1946
    Total area 7,559 SF
    Lot 0.31 ac (13,504 SF)
    Zoning code II
    APN 28-25-25-478-034
    UPID US43-0868849
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    by Request
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    Owner & transaction history
    ROSAEN HOLDING LLC
    ROSAEN HOLDING LLC
    Zoning & alternative use
    II · Hazel Park, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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