Relume Technologies

Industrial for Sale
Catylist Listing ID: 30035394
Property Subtypes: Free-Standing, Light Industrial, Other
Building Size (RSF): 44,922 SF
Gross Building Area: See Agent
Gross Land Area: 2.62 Acres
Sale Price: $2,025,000
Unit Price: $45.08 PSF
Ceiling: 18 ft. / 16 ft. Clear
Docks/Doors: 3 Docks
Office SF: 8,000 SF
Drive In Bays: 1 Bay
Property Use Type: Vacant/Owner-User
Building Name: Relume Technologies
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 11/20/2017

Overview / Comments

The main building is 43,422 sq. ft. with 8,000 sq. ft. office space, the ancillary rental building is 1,500 sq. ft. (and is reflected in the shop sq. ft. above), plus 2 billboards. The property is also known as 1800 Metamora Road. Additional 3.26 acres available to the north. Offices completely refurbished in 2009 and 2012. New T-8 lighting in shop. Excellent visibility and truck maneuvering. All roll
up doors are new. The price for 1,500 sq. ft. building alone at 1985 N. Lapeer Road is $300,000 or $1,500 month gross.

Financials

Finance Data Year 2012
Real Estate Taxes - Annual($) $38,845 (Annual)
Finance Data Year 2011
Real Estate Taxes - Annual($) $38,845 (Annual)

Additional Details

Nearest MSA: Detroit-Warren-Livonia
County: Oakland
Tax ID/APN: 04-16-202-010 & -011
Zoning: LT. INDUSTRIAL
Property Located Between: S. of Metamora Road
Tenancy: Single Tenant
Total Number of Buildings: 2
Number of Stories: 1
Year Built: 1979
Year Renovated: 2004
Roof Type: Other
Construction/Siding: Concrete
Parking Type: Surface
Parking Description: Ample Parking
Overhead Cranes: Undisclosed
Amps: 2,000
Heat Type: Natural Gas
Heat Source: Radiant
Air Conditioning: Other
Lighting: Fluorescent, Other

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,991 16,033 40,719
Median Age: 37.09 38.37 39.38
Households: 1,364 5,802 14,715
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