23333 Griswold RdSouth Lyon, MI 48178

  • Warehouses
  • 44,578 SF
For Lease
$156/SF/YR View listing

Property Details for 23333 Griswold Rd

Year built
1981
Lot size
9.80 AC
Property size (Sq ft)
44,578 SF
Zone code
II
Property type
Warehouses
APN
K -21-29-426-002
APU
K2129426002

Description

This exceptional South Lyon, Michigan industrial property, located at 23333 Griswold Rd, zip code 48178, offers 4,950 square feet of versatile space ideal for manufacturing, warehousing, or distribution. The building, constructed in 1967 and renovated in 2000, sits on a 9.8-acre lot and boasts a total building size of 48,151 square feet. The property features a substantial 41,603 square feet of industrial area with a 40-foot clear height, complemented by 6,548 square feet of office space. Loading is facilitated by eight grade-level doors. The facility includes a one-ton crane for efficient material handling and ample parking with 100 surface spaces. The office space is available in sizes ranging from 1,800 to 3,750 square feet, and warehouse space is 1,200 square feet. Both office and warehouse space are priced at $13.00 per square foot, plus utilities. Fire suppression is in place, meeting ordinary hazard standards. While the property is served by no rail, its strategic location in South Lyon provides excellent access to major transportation routes. This single-tenant property presents a unique opportunity for businesses seeking a well-maintained and functional industrial space. The two-story building offers a blend of modern updates and established infrastructure, making it an attractive option for a variety of industrial operations.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $8,734,807
    Hospitality
    $8,001,036
    Educational
    $6,656,768
    Medical
    $6,885,705
    Retail
    $10,354,973

Location Insight

City
South Lyon
County
Oakland
State
Michigan
Latitude
42.4532
Longitude
-83.6338
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
$39,228
-
-
$1,534,910
-
-
-
$3,069,820

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