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    Property profile & analytics
    OFF-MARKET Estimated value $10,430,000
    Flex space

    29880 Groesbeck Hwy, Roseville, MI 48066-1925

    228,269 SF 10.37 ac lot Built 1966
    Entity Owned ~ Est. High Equity
    Property ID
    US43-1466347
    Property summary
    AI-generated overview

    This expansive 232,717-square-foot single-tenant manufacturing facility in Roseville, Michigan, presents a unique investment opportunity. Situated on a 10.98-acre lot at 29880 Groesbeck Hwy (north of 12 Mile Rd), this property boasts a 2024 renovation, including a new roof, parking lot, and a substantial 7,000-square-foot addition of modern office space. The building, constructed in 1966, features a single story with impressive ceiling heights ranging from 24 to 43 feet. Multiple grade-level doors provide convenient access to every bay, enhancing operational efficiency. Heavy-duty infrastructure is in place, including double girder cranes with double hooks offering a 70-ton capacity across 38 bridges and 57 hoists. The property also includes 300 parking spaces and a robust power supply with 2000, 1500, and 1000 KVA services. Safety is prioritized with an ESFR fire suppression system. The property is zoned I-2 and its APN is 08-14-07-427-017. This exceptional facility is ideally located in the Macomb East submarket and offers significant potential for a variety of manufacturing operations. The entire building is currently vacant.

    Property profile
    Verified
    Property type Flex space
    Use group LIGHT INDUSTRIAL
    Year built 1966
    Total area 228,269 SF
    Lot 10.37 ac (451,848 SF)
    Zoning code I-2
    APN 08-14-07-427-017
    UPID US43-1466347
    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
    $10.43M
    Blend (final) Blend
    $10.43M
    Owner & transaction history
    Mce Leasing Company LLC
    Mce Leasing Company LLC
    since 2026
    7 recorded transactions
    2026
    2023
    2022
    $10.9M
    2019
    2011
    2006
    1969
    Zoning & alternative use
    I-2 · Roseville, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Warehouse, storage $15.4M +14.0%
    Retail stores $15.2M +12.7%
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