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    Property profile & analytics
    OFF-MARKET Estimated value $1,475,000
    Manufacturing properties

    31691 Dequindre Rd, Madison Heights, MI 48071-1522

    15,300 SF 2.24 ac lot Built 1969
    Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US43-1463567
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Manufacturing properties
    Use group MANUFACTURING (LIGHT)
    Year built 1969
    Total area 15,300 SF
    Lot 2.24 ac (97,574 SF)
    Zoning code M-1 LT
    APN 44-25-01-426-028
    UPID US43-1463567
    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
    $1.48M
    Blend (final) Blend
    $1.48M
    Owner & transaction history
    31691 Madison LLC · 1 yrs held
    31691 Madison LLC
    since 2025
    5 recorded transactions
    2025
    2024
    2023
    2022
    2013
    Zoning & alternative use
    M-1 LT · Madison Heights, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Medical building $2.4M +110.0%
    Auto repair, garage $1.9M +63.1%
    Office building $1.8M +56.0%
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