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    46705 Erb Dr Macomb, MI 48042
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    Property profile & analytics

    46705 Erb Dr Macomb, MI 48042


    • Flex space
    • 20,000 SF
    • 2.38 lot acres
    Groesbeck North Warehouse Space For Lease
    $7 SF/Yr

    Groesbeck North Warehouse Space

    10,000 SF Warehouse, Excellent Location

    Macomb Township, MI 48042
    View Listing
    Property ID
    US43-1991250
    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.

    Value Estimations
    $1,100,000
    Cap Rate Potential
    9.8%
    Flex space
    Location Intelligence

    Current Use by Public Records

    • Web Design In Detroit / Marketing & Advertising / (Bike/Boat/Book/etc) Store

    Property Details for 46705 Erb Dr

    Year built
    1988
    Lot size
    2.38 lot acres
    Property size
    20,000 SF
    Zone code
    M1
    Property type
    Flex space
    APN
    20-08-36-227-021
    APU
    200836227021

    Description

    This exceptional 10,000-square-foot warehouse space is available for lease in the desirable Groesbeck North submarket of Macomb County. Located at 46705 Erb Dr, this property boasts a prime location near the intersection of 21 Mile Rd and Gratiot Ave, with convenient access to I-94. The building, constructed in 1990 and renovated in 2022, offers a spacious layout including 3,600 square feet of office/showroom space and 6,400 square feet of warehouse/shop space, complemented by a 3,600-square-foot shop mezzanine. The warehouse features a generous 16-foot clear ceiling height, two 12' x 14' overhead doors, and ample parking with 50 total spaces. A significant advantage is the large fenced-in outdoor storage area, providing additional space for inventory or equipment. The property sits on a 1.22-acre lot and is zoned for light industrial use. The building is equipped with 400 AMP, 220-volt power. This space is ideal for a variety of warehouse or manufacturing businesses seeking a functional and well-located facility. An additional 10,000 square feet of warehouse space is also available in the same building. Don't miss this opportunity to secure a high-quality industrial space in a thriving location.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,100,000
      ML approach
      $1,100,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,327,000
      Market price range: $858k - $1.88M
      AI Estimate
      $1,327,000
      Market price range: $858k - $1.88M
    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $1,305,000
      Current use
      AUTO REPAIR, GARAGE
      $1,720,000
      Change: +32% Conversion: Easy
      WAREHOUSE, STORAGE
      $1,350,000
      Change: +3% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Macomb
    County
    Macomb
    State
    Michigan
    Longitude
    -82.8586
    Latitude
    42.6442
    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
    2023
    $24,727
    $0.00
    $0.00
    $533,600
    -
    $0.00
    $0.00
    $1,067,200
    View Listing
    More about this property
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