2737 S. Adams Road

Industrial for Sale
Catylist Listing ID: 30125382
Property Subtypes: Free-Standing, Other
Building Size (RSF): 149,491 SF
Gross Building Area: See Agent
Gross Land Area: 11.32 Acres
Sale Price: $9,800,000
Unit Price: $65.56 PSF
Ceiling: 26 ft. / 16 ft. Clear
Docks/Doors: 16 Docks
Office SF: 12,590 SF
Drive In Bays: 1 Bay
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 9/17/2020

Overview / Comments

Excellent warehouse/distribution building in highly desirable suburb. Close to M-59. Room for additional parking. Will remodel to-suit. Shop area in 3 areas with 16'-19', 20', and 22'-26' clear. New roof on 78,800 sq. ft. in fall 2018 with fifteen year warranty. New LED shop lights. Four new furnace units. Parking lot repaired, resealed, and restriped in 2019. Owner has spent over $800,000 on
improvements! Option to buy after 3 years. Potentially divisible from 70,000 sq. ft. and up.

Financials

Finance Data Year 2019
Real Estate Taxes - Annual($) $78,763 (Annual)
Finance Data Year 2016
Real Estate Taxes - Annual($) $75,465 (Annual)

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Oakland
Submarket/Township: Auburn Hills
Tax ID/APN: 15-30-302-029
Zoning: I-2, HEAVY IND.
Property Located Between: M-59/Auburn Rd.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 149,491 SF
Year Built: 1967
Year Renovated: 1992
Roof Type: Other
Construction/Siding: Steel Frame
Exterior Description: Block/Steel
Parking Type: Surface
Parking Description: Expandable
Total Parking Spaces: 100
Overhead Cranes: Undisclosed
Sprinklers: Other
Amps: 1,000
Volts: 240
Heat Type: Natural Gas
Heat Source: Other
Air Conditioning: Other
Lighting: Metal Halide

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,617 65,906 202,902
Median Age: 42.34 40.84 40.79
Households: 3,627 25,949 78,440
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