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    23333 Griswold Rd South Lyon, MI 48178-8739
    Property profile & analytics

    23333 Griswold Rd South Lyon, MI 48178-8739


    • Warehouses
    • 44,578 SF
    • 9.80 lot acres
    Off-Market
    Property ID
    US43-1796883
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $3,955,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Action Sports and Community Center / Gym & Fitness Center / Sports Field & Court
    • Dynamite Volleyball / Gym & Fitness Center
    • Michigan Matcats / Sports School
    • The Gathering Place / Hotel & Motel / Resort
    • CaseConcepts LLC / Production Facility / Furniture & Home Goods

    Property Details for 23333 Griswold Rd

    Year built
    1981
    Lot size
    9.80 lot acres
    Property size
    44,578 SF
    Zone code
    II
    Property type
    Warehouses
    APN
    K -21-29-426-002
    APU
    K2129426002

    Description

    This exceptional South Lyon, Michigan industrial property, located at 23333 Griswold Rd, zip code 48178, offers 4,950 square feet of versatile space ideal for manufacturing, warehousing, or distribution. The building, constructed in 1967 and renovated in 2000, sits on a 9.8-acre lot and boasts a total building size of 48,151 square feet. The property features a substantial 41,603 square feet of industrial area with a 40-foot clear height, complemented by 6,548 square feet of office space. Loading is facilitated by eight grade-level doors. The facility includes a one-ton crane for efficient material handling and ample parking with 100 surface spaces. The office space is available in sizes ranging from 1,800 to 3,750 square feet, and warehouse space is 1,200 square feet. Both office and warehouse space are priced at $13.00 per square foot, plus utilities. Fire suppression is in place, meeting ordinary hazard standards. While the property is served by no rail, its strategic location in South Lyon provides excellent access to major transportation routes. This single-tenant property presents a unique opportunity for businesses seeking a well-maintained and functional industrial space. The two-story building offers a blend of modern updates and established infrastructure, making it an attractive option for a variety of industrial operations.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $4,382,000
      Market price range: $2.13M - $5.73M
      AI Estimate
      $3,526,000
      Market price range: $1.29M - $4.70M
    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $3,405,000
      Current use
      AUTO REPAIR, GARAGE
      $5,465,000
      Change: +60% Conversion: Easy
      OFFICE BUILDING
      $5,230,000
      Change: +54% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $4,150,000
      Change: +22% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    South Lyon
    County
    Oakland
    State
    Michigan
    Longitude
    -83.6338
    Latitude
    42.4532
    CBSA code
    19820
    CBSA name
    DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $39,228
    $0.00
    $0.00
    $1,534,910
    -
    $0.00
    $0.00
    $3,069,820
    More about this property
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