42775 Nine Mile Road

Industrial for Sale
Catylist Listing ID: 28253424
Property Subtypes: Flex Space, Other
Building Size (RSF): 58,400 SF
Gross Building Area: See Agent
Gross Land Area: 5.58 Acres
Sale Price: $3,400,000
Unit Price: $58.22 PSF
Ceiling: 20 ft. / 18 ft. Clear
Docks/Doors: 2 Docks
Office SF: 19,467 SF
Drive In Bays: 2 Bays
Property Use Type: Vacant/Owner-User
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 9/5/2019

Overview / Comments

Great corporate office/flex facility. Conveniently located on Nine Mile and Novi Road. Heavy power and crane. Potential for expansion. Price Reduced.

Financials

Finance Data Year 2018
Real Estate Taxes - Annual($) $50,087 (Annual)
Finance Data Year 2016
Real Estate Taxes - Annual($) $48,780 (Annual)

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Oakland
Submarket/Township: Central I-96 Corridor
Tax ID/APN: 50-22-35-127-015
Zoning: I-1
Property Located Between: Between Novi Rd. & Meadowbrook Rd.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 58,400 SF
Year Built: 1981
Roof Type: Other
Construction/Siding: Block
Parking Type: Surface
Parking Description: Asphalt
Total Parking Spaces: 170
Overhead Cranes: 1
Sprinklers: Other
Amps: 1,200
Volts: 480
Heat Type: Other
Heat Source: Other
Air Conditioning: Other
Lighting: Fluorescent, Metal Halide
Lot Frontage: 240
Lot Depth: 80

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,212 70,994 194,232
Median Age: 41.98 41.61 42.6
Households: 5,453 29,222 80,456

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