Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET Estimated value $8,130,000
    Manufacturing properties

    31440 Stephenson Hwy, Madison Heights, MI 48071-1621

    138,844 SF 10 ac lot Built 1953
    Entity Owned ~ Est. High Equity
    Property ID
    US43-0884402
    Property summary
    AI-generated overview

    This exceptional 134,444-square-foot industrial property, situated on a 10-acre lot in Madison Heights, Michigan (48071), presents a compelling investment opportunity. Built in 1955, the facility boasts a versatile layout ideal for distribution and manufacturing operations. The building features a substantial 10,500 square feet of office space, complementing the expansive warehouse area. High ceilings, ranging from 20 to 28 feet, provide ample vertical space for various industrial uses. Efficient operations are supported by six dock-high doors and multiple overhead grade doors, ensuring seamless loading and unloading. The property also includes a five-ton crane, extensive power distribution, compressed air lines, and dedicated testing labs, catering to a wide range of manufacturing needs. The substantial paved exterior lot offers ample storage and significant potential for future expansion. The asking price is $11,750,000, translating to $84.62 per square foot. This property is strategically located at 31440 Stephenson Hwy, in Oakland County, offering easy access to major transportation routes. Lease options may be available. This is a rare opportunity to acquire a well-equipped, expansive industrial facility in a prime location.

    Property profile
    Verified
    Property type Manufacturing properties
    Use group MANUFACTURING (LIGHT)
    Year built 1953
    Total area 138,844 SF
    Lot 10 ac (435,600 SF)
    Zoning code M-2 HEA
    APN 44-25-02-328-005
    UPID US43-0884402
    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
    Current use
    Occupant on record · Public records
    • Commercial Steel Treating Corporation Factory Production Facility
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $8.13M
    Blend (final) Blend
    $8.13M
    Owner & transaction history
    31440 Holdings LLC
    31440 Holdings LLC
    since 2025
    3 recorded transactions
    2025
    2018
    1969
    Zoning & alternative use
    M-2 HEA · Madison Heights, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Neighborhood: shopping center $12.9M +23.8%
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 31440 Stephenson Hwy?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message