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    Property profile & analytics
    OFF-MARKET Estimated value $5,455,000
    Manufacturing properties

    29201 Milford Rd, New Hudson, MI 48165-9741

    102,910 SF 9.69 ac lot Built 1977
    Individually Owned 25-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US43-0131592
    Property summary
    AI-generated overview

    This exceptional 101,709-square-foot warehouse, located at 29201 Milford Road in New Hudson, Michigan, presents a significant investment opportunity. Built in 1974, the property sits on a generous 9.69-acre lot and boasts substantial industrial features ideal for a variety of uses. The warehouse features a substantial 30-foot ceiling height, providing ample vertical space for storage or specialized equipment. Loading and unloading are facilitated by two loading docks and six dock-high doors, ensuring efficient operations. The property's history as a former foundry indicates the presence of very heavy power infrastructure, a significant advantage for energy-intensive businesses. Its strategic location, just half a mile from I-96, offers excellent access to major transportation arteries, enhancing logistical efficiency and distribution capabilities. The substantial size and existing infrastructure make this property well-suited for redevelopment, offering considerable potential for future expansion or adaptation to meet evolving business needs. The asking price for this substantial industrial property is $2,500,000. The property is zoned for industrial use and is located in Oakland County, Michigan, zip code 48165. This is a single-tenant property.

    Property profile
    Verified
    Property type Manufacturing properties
    Use group MANUFACTURING (LIGHT)
    Year built 1977
    Total area 102,910 SF
    Lot 9.69 ac (422,096 SF)
    Zoning code II
    APN K -21-09-226-004
    UPID US43-0131592
    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
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $6.72M
    Blend (final) Blend
    $5.46M
    Owner & transaction history
    Stevens Soldwisch Oil
    Stevens Soldwisch Oil
    1 recorded transaction
    1969
    Zoning & alternative use
    II · New Hudson, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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