23514 Groesbeck Highway

Industrial for Sale
Catylist Listing ID: 30800416
Property Subtypes: Manufacturing, Light Industrial, Warehouse/Distribution
Building Size (RSF): 34,384 SF
Gross Building Area: See Agent
Gross Land Area: 1.97 Acres
Sale Price: $2,375,000
Unit Price: $69.07 PSF
Ceiling: 14 ft.
Docks/Doors: 1 Dock, 1 Door
Office SF: 10,152 SF
Drive In Bays: 3 Bays
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. Adjoining 11,600 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: 12-13-26-478-032
Zoning: M-2
Property Located Between: 9 Mile Road
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 34,384 SF
Property Condition: Average
Year Built: 1979
Roof Type: Flat
Construction/Siding: Concrete - Tilt up
Parking Type: Surface
Parking Description: Ample
Overhead Cranes: 3
Sprinklers: Wet
Amps: 1,200
Volts: 480
Heat Type: Suspended Radiant Heaters
Heat Source: Radiant
Air Conditioning: Engineered System
Internet Access: Cable
Interior Description: A/C in office
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: 12,563 181,342 483,393
Median Age: 35.21 34.73 36.83
Households: 4,688 67,640 183,631
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