29333 Stephenson Highway

Industrial for Sale
Catylist Listing ID: 30427251
Property Subtypes: Light Industrial
Building Size (RSF): 94,000 SF
Gross Building Area: See Agent
Gross Land Area: 4.44 Acres
Sale Price: $5,950,000
Unit Price: $63.30 PSF
Ceiling: 24 ft. / 28 ft. Clear
Docks/Doors: 8 Docks, 2 Doors
Office SF: 25,000 SF
Drive In Bays: 1 Bay
Property Use Type: Vacant/Owner-User
Usable Size (USF): 94,000 SF
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 5/21/2019

Overview / Comments

Located in a prime industrial and manufacturing corridor, a few hundred feet from I-75. 28' clear, 20' x 60' bays. (3) Five Ton Overhead Cranes. 8 docks. 219 Parking Spaces. Primary Power 2,000 Amps @ 480 Volts. 2 miles to Royal Oak.

Financials

Finance Data Year 2018
Real Estate Taxes - Annual($) $56,510 (Annual)

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Oakland
Submarket/Township: Royal Oak Vicinity
Tax ID/APN: 25-11-376-007
Zoning: LT. INDUSTRIAL
Property Located Between: 12 Mile Road
Highway Access: I-75
Year Built: 1962
Exterior Description: Block/Aluminum
Total Parking Spaces: 219
Overhead Cranes: 3
Sprinklers: Other
Amps: 480
Volts: 2,000
Heat Type: Natural Gas
Heat Source: Radiant
Lighting: Metal Halide

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,262 152,425 411,154
Median Age: 38.09 39.59 38.64
Households: 7,286 68,095 172,766
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