29,400sq/ft Flex / Manufacturing / Laboratory / R&D

Industrial for Sale
Catylist Listing ID: 30729360
Property Subtypes: Flex Space, Industrial-Business Park, Manufacturing, Light Industrial, Research & Development
Building Size (RSF): 29,400 SF
Gross Land Area: 3.31 Acres
Sale Price: $3,000,000
Unit Price: $102.04 PSF
Ceiling: 24 ft.
Docks/Doors: 2 Docks, 3 Doors
Office SF: 10,000 SF
Drive In Bays: 2 Bays
Property Use Type: Vacant/Owner-User
Building Name: SDI Building
Usable Size (USF): 29,400 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/15/2023

Overview / Comments

SDI Building at Silver Bell Technology Park. Built in two phases (1982 and 1992), the SDI building is currently configured as three tenant spaces offering 3 lobbies, 3 lunch rooms, 8 restroom locations (4-paired groups, 1 single, 3 executive in-office singles), a parts elevator, an employee elevator, is fully air-conditioned and has extensive exterior landscaping with a gazebo overlooking naturally-style detention pond. 18,000 sq/ft office/flex space on the upper level and 11,400 sq/ft office/flex space on the lower level. Built by the current owner to service one manufacturing concern; it has been sub-divided with the intent of being easily restorable to one contiguous space. A package conveyor system had been in prior use between floors to move parts and finish products. The machinery is on-site and could be re-installed. The building was designed with energy efficiency in mind; prior use included the recovery of heat from the manufacturing process to supplement central heating when needed and easily vented to cut cooling load requirement. The building has three loading bays - two on grade (one high-bay area) and one dock-well. There are 70 parking spaces with additional room to expand if needed. Keyless entry system; alarm system; lawn sprinklers (serviced by a private well). Zoned L-I (limited industrial). Directly across the street from the GM Orion Assembly facility, which is currently slated for a 4-billion dollar expansion which will include electric vehicle and battery production. Close proximity to other manufacturing and high-tech, including ABB, Dana, FedEx, JR Automation, Continental AG, Webber Automotive, Rousch Industries, Delta, Society C and others. 12 miles from Oakland-Pontiac Airport. Less than 30 miles from Flint-Bishop, Detroit Metro and Coleman A Young airports. Orion Twp tax abatement may be available - guidelines in document section.

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Oakland
Taxing Authority: Orion Township
Tax ID/APN: 0927301050
Property Located Between: I-75 and M-24 at the corner of Silverbell and Giddings
Highway Access: I-75 within 3.5 Miles, M-24 within 1 mile
Airports: Bishop International , Oakland County International
Site Description: Flat, level topography, retention basin on site. Natural Gas, Water and Sewer and Electric.
Area Description: Within 3 miles of two major freeways and 12 miles of Oakland County International Airport. Industrial park area home of several medium to large sized high-tech and manufacturing companies.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Good
Year Built: 1982
Year Renovated: 1992
Roof Type: Flat
Construction/Siding: Brick
Exterior Description: Brick
Parking Type: Surface
Parking Description: Two parking areas with individual approaches. One upper level and one lower level.
Total Parking Spaces: 70
Passenger Elevators: 1
Freight Elevators: 1
Overhead Cranes: Undisclosed
Sprinklers: Wet
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Lighting: Other
Internet Access: Other
Zoning Description: Orion Township Light Industrial (L-I) Zoning Ord. included in the attached documents.
Lot Frontage: 700
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Private
Legal Description: T4N, R10E, SEC 27 PART OF SW 1/4 BEG AT PT DIST N 89-25-14 W 673.55 FT FROM S 1/4 COR, TH N 89-25-14 W 667.72 FT, TH N 01-29-15 E 210 FT, TH S 89-24-24 E 331.45 FT, TH S 89-24-30 E 174.86 FT, TH N 73-30-06 E 170.45 FT, TH S 01-38-55 W 259.96 FT TO BEG 3.31 A 5-23-97 FR 041 & 042

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,062 35,182 127,117
Median Age: 34.97 35.49 37.75
Households: 757 13,935 47,514


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