3000 14 Mile RdRoyal Oak, MI 48073

Property Details for 3000 14 Mile Rd

Year built

1955

Lot size

6.43 AC

Property size (Sq ft)

20,239 SF

Zone code

GEN IND

Property type

Office properties

APN

72-20-32-352-002

APU

722032352002

Description

This exceptional industrial warehouse property, located at 3000 W. 14 Mile Road in Royal Oak, Michigan, offers a significant opportunity for businesses seeking flexible and expansive space. The property encompasses a total of 134,628 square feet, situated on a generous 6.59-acre lot. Built in 1955 and extensively renovated in 2000, the warehouse boasts high ceilings ranging from 18 to 24 feet, providing ample vertical space for various operational needs. The property features four loading docks for efficient material handling and a substantial 260 parking spaces for employees and visitors. The entire 134,628 square feet is currently vacant and available for lease, with a minimum divisible space of 22,480 square feet. The maximum contiguous space available is the entire building. The property benefits from primary power and includes elevators for convenient multi-level access. Zoned for general industrial use, this property is ideally suited for a wide range of industrial and warehousing operations. Its location in Oakland County, Michigan, provides excellent access to major transportation routes and a skilled workforce. This is a rare opportunity to secure a large, well-maintained industrial warehouse in a prime location. The property's size, features, and location make it an attractive option for businesses seeking to expand or relocate their operations.

• CAP approach

  CAP return

  Valuation

  6%

  $4,209,416

  6.5%

  $3,885,615

  7%

  $3,608,071

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,893,156

  Geo Method

  $1,893,156

• Alternative Use

  Use

  Valuation

  Residential

  $4,818,163

  Hospitality

  $4,413,412

  Educational

  $3,671,906

  Medical

  $3,798,189

  Retail

  $5,711,854

Location Insight

City

Royal Oak

County

Oakland

State

Michigan

Latitude

42.5336

Longitude

-83.1826

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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].