Property profile

33745 Groesbeck Hwy Fraser, MI 48026

OFF-MARKET
Warehouses
Property ID
US43-1898330
32,000 SF Built 1950
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Property summary

AI-generated overview

This exceptional multi-tenant property at 33745 Groesbeck Highway in Fraser, Michigan, offers 4,300 square feet of immediately available industrial space. Located in the Groesbeck Central Industrial submarket of Macomb County, this building boasts a prime location with convenient access to I-696. Built in 1950 and extensively renovated in 2024, the property features a total of 32,000 square feet across multiple tenants, with ample parking (5 spaces) and two drive-in doors (12' x 14'). The unit itself includes a 600 square foot office area, two restrooms, and impressive 17-foot ceiling heights. The space is equipped with robust power (220 Volt | 400 AMP) and is zoned for light industrial use (LT Industrial). The 2.12-acre lot provides ample room for maneuvering and operations. Taxes and insurance are included in the gross lease rate. An adjacent, similarly sized unit (4,300 sq ft) is also available for lease. This property presents a unique opportunity for businesses seeking a well-maintained, conveniently located industrial space in a thriving area. The property's recent renovation ensures modern amenities and functionality. The combination of office and warehouse space makes it ideal for a variety of businesses. Contact us today to schedule a viewing.

Property profile

Verified
Property type Warehouses
Year built 1950
Total area 32,000 SF
UPID US43-1898330

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

33745 Groesbeck Hwy Fraser, MI 48026
Fraser metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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