55840 Grand River AveNew Hudson, MI 48165

Property Details for 55840 Grand River Ave

Year built

2000

Lot size

2.26 AC

Property size (Sq ft)

20,270 SF

Zone code

KI

Property type

Industrial properties

Property subtype

Loft space

APN

K -21-03-401-001

APU

K2103401001

Description

This exceptional warehouse space, located at 55840 Grand River Ave in New Hudson, Michigan, presents a fantastic opportunity for businesses seeking flexible industrial space. The property, built in 2000, offers a total of 9,618 square feet, with 4,250 square feet currently vacant and immediately available. Units are divisible to a minimum of 2,125 square feet, with a maximum contiguous space of 4,250 square feet, providing adaptability for various operational needs. The single-story building features convenient access via two 14-foot overhead doors, streamlining loading and unloading processes. Ample parking is provided with 30 spaces available for tenants and their clients. The property is zoned RO Research Office, offering versatility for a range of industrial and potentially office-related uses. The property's address is 55840 Grand River Ave, New Hudson, MI 48165, and its parcel number is 21-23-401-001. This location offers easy access to major transportation routes, making it an ideal choice for businesses requiring efficient logistics. The available space is perfect for companies needing a functional and well-located warehouse in a thriving Michigan community. Contact us today to schedule a viewing and explore the possibilities.

• CAP approach

  CAP return

  Valuation

  6%

  $4,302,774

  6.5%

  $3,971,792

  7%

  $3,688,092

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,938,886

  Geo Method

  $2,938,886

• Alternative Use

  Use

  Valuation

  Residential

  $3,971,792

  Hospitality

  $3,638,140

  Educational

  $3,026,890

  Medical

  $3,130,989

  Retail

  $4,708,496

Location Insight

City

New Hudson

County

Oakland

State

Michigan

Latitude

42.5098

Longitude

-83.6041

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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