24450 Indoplex CirFarmington Hills, MI 48335

For Lease
$8.75/SF/YR View listing
  • Manufacturing properties
  • 27,090 SF

Property Details for 24450 Indoplex Cir

Year built
1973
Lot size
1.51 AC
Property size (Sq ft)
27,090 SF
Zone code
II
Property type
Manufacturing properties
APN
22-23-21-303-025
APU
222321303025

Description

This Farmington Hills, MI industrial property, located at 24450 Indoplex Cir, offers 28,641 square feet of space in a single-tenant building. Situated on 1.51 acres, this property boasts a 16-foot ceiling height and features both manufacturing and warehouse space. Built in 1973 and renovated in 2019, the building includes 3,700 square feet of main floor office space, plus an additional 2,000 square feet of mezzanine office space with an open layout and a conference room. The warehouse area, approximately 25,000 square feet, is divided into several sections and benefits from ample natural light provided by more than ten skylights. Loading capabilities include one dock-high door and three drive-in doors. The property also features a 1000-amp, 240V power supply, two 7.5-ton cranes, a backup generator, and 45 total parking spaces. The building has an 180-foot frontage on Grand River, near Drake, and is zoned for industrial use. The property's APN is 22-23-21-303-025. The annual property taxes are $19,208. This exceptional property presents a unique opportunity for businesses seeking a well-maintained and versatile industrial space in a prime Farmington Hills location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $5,308,132
    Hospitality
    $4,862,221
    Educational
    $4,045,310
    Medical
    $4,184,435
    Retail
    $6,292,706
24450 Indoplex Cir, Farmington Hills, Michigan

Location Insight

City
Farmington Hills
County
Oakland
State
Michigan
Latitude
42.4737
Longitude
-83.3928
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
$20,150
$98,600
$597,590
$696,190
-
$197,200
$1,195,180
$1,392,380

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