Property summary
This exceptional Roseville, Michigan industrial property offers a unique investment opportunity. Comprising three buildings totaling 179,253 net rentable square feet, this multi-unit complex presents significant potential. The property features a mix of warehouse spaces, with one building offering 158,853 square feet of second-floor storage and another boasting 17,912 square feet of first-floor warehouse space. A third smaller warehouse unit of approximately 2,500 square feet on the first floor also adds to the versatility. Building features include ceiling heights ranging from 15 to 19 feet, providing ample vertical space. The property includes a total of approximately 450 parking spaces, crucial for efficient operations. Convenient access is provided via three freight elevators. Both lease and sale options are available, with lease rates starting at $3.50 NNN and going up to $4.50 NNN. The property is fully fire suppressed and includes truck wells for easy loading and unloading. Located at 32123 Gratiot Avenue, Roseville, MI 48066, this property benefits from excellent visibility and accessibility. The property was built in 1964 and is comprised of three buildings across two stories. The APN is 08-14-04-251-012. This is a rare opportunity to acquire a substantial industrial portfolio in a prime location. Contact us today to discuss pricing and explore this exciting investment prospect.
Property profile
VerifiedCap rate & NOI
Current use
-
(Bike/Boat/Book/etc) Store
-
Dental Office
-
Hardware & Home Improvement HVAC Service
-
Dental Office
-
Dental Office
Location
Value estimations
Owner & transaction history
Zoning & alternative use
ns. § 370-30 Required conditions. Article X B-1 Local Business District § 370-31 Intent. § 370-32 Principal permitted uses. § 370-33 Permitted uses subject to special conditions. § 370-34 Required conditions. Article XI…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
B-2 · Roseville, MIns. § 370-30 Required conditions. Article X B-1 Local Business District § 370-31 Intent. § 370-32 Principal permitted uses. § 370-33 Permitted uses subject to special conditions. § 370-34 Required conditions. Article XI…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
ns. § 370-30 Required conditions. Article X B-1 Local Business District § 370-31 Intent. § 370-32 Principal permitted uses. § 370-33 Permitted uses subject to special conditions. § 370-34 Required conditions. Article XI…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for B-2 in Roseville, MI.
Registration is required before the official district profile is shown.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight