32471 Industrial Dr, Madison Heights, MI 48071-1528
This exceptional 52,360-square-foot warehouse, located at 32471 Industrial Drive in Madison Heights, Michigan, presents a significant opportunity for businesses seeking a substantial industrial space. Built in 1967 and extensively renovated in 2022, the property boasts a single-tenant occupancy and sits on a generous 3.07-acre lot. The warehouse features a 27-foot ceiling height, providing ample vertical storage capacity. Access is convenient with two drive-in doors and ample parking for 130 vehicles. The property is zoned IND M-1, ensuring flexibility for a variety of industrial uses. Power is robust, with 2000 amps of 480-volt power available. The building is a single-story structure, simplifying operations and logistics. Located in the Royal Oak Vicinity submarket of Oakland County, this warehouse offers easy access to major transportation routes and a skilled workforce. The entire 52,360 square feet is currently vacant, providing immediate occupancy for a new tenant. This property is an ideal solution for businesses requiring a large, well-maintained, and strategically located warehouse space. The recent renovations ensure modern functionality and efficiency.
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Global Power Systems Industrial Manufacturer Production Facility
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.