23510 Groesbeck Highway

Industrial for Sale
Catylist Listing ID: 30800413
Property Subtypes: Free-Standing, Manufacturing, Light Industrial, Warehouse/Distribution
Building Size (RSF): 11,600 SF
Gross Building Area: See Agent
Gross Land Area: 1.23 Acres
Sale Price: $975,000
Unit Price: $84.05 PSF
Ceiling: 25 ft.
Docks/Doors: 1 Door
Office SF: 1,200 SF
Drive In Bays: 1 Bay
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/30/2023

Overview / Comments

Well-maintained property with good freeway access to I-696, I-75 and I-94. Property is located in the "Green Zone," which allows for cannabis-related uses. Paint booth, out side storage. Adjoining 34,384 sq. ft. building also available.


Finance Data Year 2021
Real Estate Taxes - Annual($) $34,859 (Annual)

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Macomb
Submarket/Township: Macomb West
Tax ID/APN: 12-13-26-478-033
Zoning: M-2
Property Located Between: 9 Mile Road
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 11,600 SF
Property Condition: Average
Year Built: 1979
Roof Type: Flat
Construction/Siding: Concrete - Tilt up
Parking Type: Surface
Parking Description: Ample
Overhead Cranes: 2
Sprinklers: Wet
Amps: 1,200
Volts: 480
Heat Type: Suspended Radiant Heaters
Heat Source: Radiant
Internet Access: Cable
Water Service: Municipal
Sewer Type: Municipal, Storm
Easements: Ingress/Egress

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,635 183,628 483,641
Median Age: 34.02 34.36 36.83
Households: 4,548 68,103 183,723
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