Varsity Lincoln

Industrial for Sale
Catylist Listing ID: 2156663
Property Subtypes: Free-Standing, Other
Building Size (RSF): 26,250 SF
Gross Building Area: See Agent
Gross Land Area: 20.30 Acres
Sale Price: $1,800,000
Unit Price: $68.57 PSF
Ceiling: 20 ft.
Docks/Doors: 2 Docks
Office SF: 4,800 SF
Drive In Bays: 2 Bays
Property Use Type: Investment
Building Name: Harding Tube
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 3/15/2017

Overview / Comments

Investment offering. The building is connected to city sewer and city water. Great main road exposure, located near the I-96 and Wixom Road interchange. The building cannot be sold unless the acreage behind the building is included in the sale. Taxes shown are for the building and acreage

Financials

Finance Data Year 2015
Real Estate Taxes - Annual($) $28,340 (Annual)
Finance Data Year 2014
Real Estate Taxes - Annual($) $28,724 (Annual)
Finance Data Year 2012
Real Estate Taxes - Annual($) $21,418 (Annual)
Finance Data Year 2011
Real Estate Taxes - Annual($) $23,792 (Annual)
Finance Data Year 2010
Real Estate Taxes - Annual($) $23,792 (Annual)

Additional Details

Nearest MSA: Detroit-Warren-Livonia
County: Oakland
Submarket/Township: Central I-96 Corridor
Tax ID/APN: 22-17-101-005
Zoning: INDUSTRIAL
Property Located Between: Wixom Road
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 26,250 SF
Year Built: 1971
Roof Type: Other
Construction/Siding: Block, Brick
Parking Type: Surface
Parking Description: Ample Parking
Overhead Cranes: 1
Amps: 1,000
Volts: 480
Heat Source: Radiant
Air Conditioning: Other
Lighting: Other


Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,524 35,962 119,614
Median Age: 31.74 36.58 39.82
Households: 559 14,541 49,636
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