1551 Lincoln AveMadison Heights, MI 48071

  • Warehouses
  • 111,000 SF
For Lease
$7/SF/YR View listing

Property Details for 1551 Lincoln Ave

Year built
1974
Lot size
6.88 AC
Property size (Sq ft)
111,000 SF
Zone code
M-1 LT
Property type
Warehouses
APN
44-25-24-251-009
APU
442524251009

Description

This exceptional industrial property, located at 1551 Lincoln Ave in Oakland County, offers a single-tenant warehouse space ideal for a variety of businesses. The building boasts a substantial 118,000 square feet of total space, with 5,000 square feet currently vacant and immediately available for lease. The warehouse features a generous ceiling height of 15 feet, providing ample vertical storage capacity and facilitating efficient material handling. The property sits on a sizable 6.88-acre lot, offering significant potential for expansion or outdoor storage needs. The property is classified as industrial and is designated as a single-tenant occupancy, ensuring privacy and control over the entire leased space. This presents a unique opportunity for a company seeking a well-maintained, spacious warehouse in a desirable Oakland County location. The available space ranges from 2,000 to 5,000 square feet, offering flexibility to accommodate various operational requirements. The property's strategic location within Oakland County provides easy access to major transportation routes, streamlining logistics and distribution operations. Interested parties are encouraged to inquire promptly to secure this prime warehouse space. The property is available for lease and is ready for immediate occupancy.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $26,425,026
    Hospitality
    $24,205,180
    Educational
    $20,138,426
    Medical
    $20,831,018
    Retail
    $31,326,440
1551 Lincoln Ave, Madison Heights, Michigan

Location Insight

City
Madison Heights
County
Oakland
State
Michigan
Latitude
42.4848
Longitude
-83.089
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
2023
$65,226
-
-
$2,391,630
-
-
-
$4,783,260

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