813 & 839 E. Ten Mile Rd

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813 & 839 E. Ten Mile Rd

Madison Heights, MI 48071
Asking Price
$965K
Asset Type
Industrial
Class
Class B

What's Special

813 & 839 E. Ten Mile Rd is located in the industrial corridor of Madison Heights, Michigan. The property sits within an established manufacturing and distribution district characterized by a mix of specialized workshops, warehouses, and trade services. The neighborhood offers convenient proximity to retail amenities along Dequindre Road and the John R Road commercial strip. Strategic transportation access is provided via the I-696 and I-75 interchange, situated less than two miles from the site, facilitating regional logistics and transit across the Metro Detroit area. The property is suited for light industrial uses, including small-scale manufacturing, contractor storage, or wholesale distribution. Given the layout and zoning, typical tenants include regional service providers, automotive suppliers, and fabrication firms requiring functional warehouse space with office components. The location accommodates businesses that prioritize direct access to major highway arteries and a centralized position within the Oakland County industrial market. The asset supports occupants seeking a balance of private yard space, high-clearance bays, and efficient loading capabilities.

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NOI
$80,000
Cap Rate
8.29%
DSCR
1.40
Strong
Cash-on-Cash
7.84%
Monthly Payment
$4,774.293
Annual Cash Flow
$22,708.478

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