31691 Dequindre Rd, Madison Heights, MI 48071-1522
This exceptional 18,603-square-foot office and warehouse property in Madison Heights, Michigan, presents a compelling investment opportunity. Situated on a 2.24-acre lot, this single-tenant building boasts a prime location near I-75 and I-696, offering convenient access to major transportation arteries. The property features 16-foot clear ceiling heights, three 12x12 grade-level dock high doors, and a truck well, making it ideal for various industrial uses. The building also includes a two-story office space connected to a mezzanine, providing ample administrative space. Extensive parking and an outside storage yard cater to operational needs. Built in 1969, the property received a new roof in 2018, complete with a 20-year warranty. The property is zoned industrial and offers significant potential for contractors or businesses requiring both office and warehouse space. The asking price is $2,050,000, translating to $110.20 per square foot. The property's APN is 25-01-426-028. This is a rare opportunity to acquire a well-maintained, strategically located property with significant upside potential.
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
M-1 LT · Madison Heights, MIMadison Heights. 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.