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    Property profile & analytics
    OFF-MARKET Estimated value $4,065,000
    Manufacturing properties

    32471 Industrial Dr, Madison Heights, MI 48071-1528

    53,135 SF 3.07 ac lot Built 1967
    Entity Owned Absentee Owner ~ Est. High Equity
    Property ID
    US43-5181349
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Manufacturing properties
    Use group MANUFACTURING (LIGHT)
    Year built 1967
    Total area 53,135 SF
    Lot 3.07 ac (133,729 SF)
    Zoning code M-1 LT
    APN 44-25-01-202-019
    UPID US43-5181349
    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
    Current use
    Occupant on record · Public records
    • Global Power Systems Industrial Manufacturer Production Facility
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $4.07M
    Blend (final) Blend
    $4.07M
    Owner & transaction history
    King Industrial Holdings LLC
    King Industrial Holdings LLC
    since 2025
    7 recorded transactions
    2025
    2015
    2004
    2003
    1999
    1969
    1969
    Zoning & alternative use
    M-1 LT · Madison Heights, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Auto repair, garage $6.5M +63.1%
    Office building $6.2M +56.0%
    Neighborhood: shopping center $4.9M +23.8%
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