23400 Commerce Drive

Industrial for Sale
Catylist Listing ID: 30163922
Property Subtypes: Free-Standing, Light Industrial, Other
Building Size (RSF): 14,900 SF
Gross Building Area: See Agent
Gross Land Area: 1 SF
Sale Price: $1,250,000
Unit Price: $83.89 PSF
Ceiling: 18 ft.
Docks/Doors: 1 Dock
Office SF: 7,200 SF
Drive In Bays: 1 Bay
Property Use Type: Vacant/Owner-User
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 11/20/2017

Overview / Comments

This is one of the nicest hi-tech buildings in Farmington Hills. Rear half of building is sprinklered and is clear span with no interior columns. Building is in first-class condition. Many upgrades to offices. Must see to appreciate. Available 3/01/2018.

MAJOR BUILDING IMPROVEMENTS INCLUDE:
1) New Roof installed approx. 2007
2) New Parking Lot installed Summer 2016
3) New HVAC in offices installed Fall 2017

Financials

Finance Data Year 2016
Real Estate Taxes - Annual($) $13,012 (Annual)

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Oakland
Submarket/Township: Farmington / Farm Hills
Tax ID/APN: 22-23-30-126-030
Zoning: LT. INDUSTRIAL
Property Located Between: 10 Mile Road
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 14,900 SF
Year Built: 1982
Roof Type: Other
Exterior Description: Brick/Panel
Parking Type: Surface
Total Parking Spaces: 54
Overhead Cranes: Undisclosed
Amps: 1,200
Volts: 208
Heat Type: Natural Gas
Heat Source: Other
Air Conditioning: Other
Lighting: Fluorescent

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,944 86,067 228,588
Median Age: 36.93 42.03 43.13
Households: 5,011 37,633 95,954

Contact

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