32123 Gratiot Ave Roseville, MI 48066-1147
Property profile & analytics
32123 Gratiot Ave Roseville, MI 48066-1147
- Outlet malls
- 370,077 SF
- 18.24 lot acres
Property ID
US43-4783467
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Hobby Lobby / (Bike/Boat/Book/etc) Store
- Dr. John Spolyar / Dental Office
- Sears Appliance Repair / Hardware & Home Improvement / HVAC Service
- Dr. Jeffrey Easton / Dental Office
- Dr. Liana Pryde / Dental Office
Property Details for 32123 Gratiot Ave
- Year built
- 1964
- Lot size
- 18.24 lot acres
- Property size
- 370,077 SF
- Zone code
- B-2
- Property type
- Outlet malls
- Property subtype
- Shopping centers
- APN
- 08-14-04-251-012
- APU
- 81404251012
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $14,924,000
- AI Estimate
- $14,924,000
Market price range: $14.0M - $38.1MMarket price range: $14.0M - $38.1M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $24,675,000 Current use
- INDUSTRIAL (GENERAL)
- $21,895,000 Change: -11% Conversion: Difficult
- OFFICE BUILDING
- $20,280,000 Change: -18% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Roseville
- County
- Macomb
- State
- Michigan
- Longitude
- -82.9162
- Latitude
- 42.5332
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$355,430
$0.00
$0.00
$5,994,900
-
$0.00
$0.00
$11,989,800
