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    700 Whitcomb Ave Madison Heights, MI 48071-1416
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    Property profile & analytics

    700 Whitcomb Ave Madison Heights, MI 48071-1416


    • Manufacturing properties
    • 48,596 SF
    • 2.64 lot acres
    Off-Market
    Last Sale Oct 8, 2024
    Property ID
    US43-0743061
    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
    $3,385,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Sutherland Felt Company / Industrial Manufacturer / Production Facility
    • The Felt Company / Industrial Manufacturer / Production Facility
    • Sutherland Sewing / Industrial Manufacturer / Production Facility

    Property Details for 700 Whitcomb Ave

    Year built
    1984
    Lot size
    2.64 lot acres
    Property size
    48,596 SF
    Zone code
    M-1 LT
    Property type
    Manufacturing properties
    APN
    44-25-01-327-002
    APU
    442501327002

    Description

    This exceptional 48,596-square-foot warehouse, located at 700 E Whitcomb Ave in Madison Heights, Michigan, presents a compelling investment opportunity. Built in 1984 and extensively renovated in 2014, the property boasts a prime location in Oakland County, offering excellent access to major transportation routes. The building features 20-foot ceilings, providing ample vertical space for storage and operations. Two dock-high doors facilitate efficient loading and unloading, complemented by 100+ parking spaces for employees and visitors. The warehouse also includes valuable features such as a mezzanine for additional storage or office space, skylights for natural light, and floor drains for easy cleanup. The property sits on a 2.6-acre lot, providing ample room for expansion or future development. The building's robust electrical system includes 1,000 amps of 240-volt power. The asking price is $4,825,000, translating to a price per square foot of $99.29. This well-maintained warehouse, with its significant upgrades and desirable features, represents a strong investment in a thriving industrial market. The property's main road frontage ensures high visibility and accessibility. Additional features include bus duct and exterior docks. This is a single-tenant property. The zip code is 48071.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $3,385,000
      Market price range: $2.85M - $4.69M
      AI Estimate
      $3,385,000
      Market price range: $2.85M - $4.69M
    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $3,655,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $4,525,000
      Change: +24% Conversion: Difficult

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


    Location Insight

    • Map
    • Local Demand
    City
    Madison Heights
    County
    Oakland
    State
    Michigan
    Longitude
    -83.1011
    Latitude
    42.5266
    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
    $46,811
    $0.00
    $0.00
    $1,320,490
    -
    $0.00
    $0.00
    $2,640,980
    More about this property
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