23333 Griswold Rd, South Lyon, MI 48178-8739
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
II · South Lyon, MISouth Lyon. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.