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    Property profile & analytics
    OFF-MARKET Estimated value $1,220,000
    Warehouses

    4936 Technical Dr, Milford, MI 48381-3950

    15,460 SF 2.87 ac lot Built 1990
    Entity Owned 26-yr Hold Absentee Owner Free & Clear
    Property ID
    US43-0207268
    Property summary
    AI-generated overview

    This exceptional 15,341-square-foot industrial warehouse, situated on a 1.5-acre lot in Milford Charter Township, Michigan, presents a compelling investment opportunity. Built in 1988, the property boasts a single-tenant occupancy, offering immediate potential for lease or owner-occupancy. The warehouse features 2 dock-high doors, each measuring 12' x 14', and a substantial 20' clear ceiling height. Power is provided by a robust 220-volt, 1000-amp system. Ample parking is available with 50 spaces. The property is zoned for heavy industrial use and benefits from a convenient location in the Centra I-96 Corridor, providing easy access to I-696 via Milford Road. The building includes a 3,054 square foot office space and a truck well. The property also offers potential for outside storage due to the layout and ample space behind the building. A wrap-around drive enhances maneuverability and loading/unloading efficiency. This well-maintained warehouse is ideal for various industrial uses, including warehousing and manufacturing, offering a blend of functionality and strategic location within Oakland County. The property's size, features, and location make it an attractive option for businesses seeking a versatile and efficient industrial space. The address is 4936 Technical Dr, Milford, MI 48381.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1990
    Total area 15,460 SF
    Lot 2.87 ac (125,017 SF)
    Zoning code II
    APN L -16-35-351-019
    UPID US43-0207268
    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
    • LMP Worldwide, Inc. — I Love Pillow Industrial Manufacturer Production Facility
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.35M
    Blend (final) Blend
    $1.22M
    Owner & transaction history
    Arthurs Michigan Group LLC · 26 yrs held
    Arthurs Michigan Group LLC
    since 1999
    1 recorded transaction
    1999
    Zoning & alternative use
    II · Milford, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Auto repair, garage $1.9M +60.5%
    Office building $1.8M +53.6%
    Neighborhood: shopping center $1.4M +21.9%
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