29880 Groesbeck HwyRoseville, MI 48066

  • Flex space
  • 228,269 SF
For Lease
$9.25/SF/YR View listing

Property Details for 29880 Groesbeck Hwy

Year built
1966
Lot size
10.37 AC
Property size (Sq ft)
228,269 SF
Zone code
I-2
Property type
Flex space
APN
08-14-07-427-017
APU
81407427017

Description

This expansive 232,717-square-foot single-tenant manufacturing facility in Roseville, Michigan, presents a unique investment opportunity. Situated on a 10.98-acre lot at 29880 Groesbeck Hwy (north of 12 Mile Rd), this property boasts a 2024 renovation, including a new roof, parking lot, and a substantial 7,000-square-foot addition of modern office space. The building, constructed in 1966, features a single story with impressive ceiling heights ranging from 24 to 43 feet. Multiple grade-level doors provide convenient access to every bay, enhancing operational efficiency. Heavy-duty infrastructure is in place, including double girder cranes with double hooks offering a 70-ton capacity across 38 bridges and 57 hoists. The property also includes 300 parking spaces and a robust power supply with 2000, 1500, and 1000 KVA services. Safety is prioritized with an ESFR fire suppression system. The property is zoned I-2 and its APN is 08-14-07-427-017. This exceptional facility is ideally located in the Macomb East submarket and offers significant potential for a variety of manufacturing operations. The entire building is currently vacant.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $54,342,468
    Hospitality
    $49,777,408
    Educational
    $41,414,220
    Medical
    $42,838,520
    Retail
    $64,422,120

Location Insight

City
Roseville
County
Macomb
State
Michigan
Latitude
42.5154
Longitude
-82.9513
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$144,011
-
-
$3,631,500
-
-
-
$7,263,000

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].