23680 Research Dr - Warehouse FOR SALE


Farmington Hills, MI 48335- Farmington
$3,200,000 USD
248-358-6113
23680 Research Dr, Farmington Hills, MI for Sale
$3,200,000 USD
Warehouse - FOR SALE
1/11
null | Request Cap Rate

23680 Research Dr
Farmington Hills, MI 48335
Farmington


HIGHLIGHTS

  • Clear-span warehouse configuration supports a variety of industrial operations.
  • Equipped with both 10-ton and 20-ton overhead cranes.
  • 1,000-amp / 480-volt electrical service supports power-intensive users.
  • Fenced site includes outdoor storage and staging capability.
  • Grade-level loading provides operational flexibility.
  • Convenient access to major Southeast Michigan freeway networks.

OVERVIEW

23680 Research Drive presents an opportunity to acquire a freestanding industrial facility in Farmington Hills, one of Oakland County's established business and manufacturing markets. The property is configured for warehouse and heavy industrial operations with a clear-span layout, substantial power capacity, overhead crane infrastructure, and outdoor storage capability. The building includes office space supporting administrative functions while maintaining a warehouse-focused operational footprint. The facility is equipped with 1,000-amp / 480-volt electrical service, a 10-ton crane and a 20-ton crane, grade-level loading, LED lighting, and radiant heat within the industrial area. A fenced lot and available outdoor storage area provide additional flexibility for equipment staging, vehicle storage, or operational support. The clear-span design and significant ceiling height support manufacturing, fabrication, warehousing, and distribution uses requiring open floor areas and material handling capabilities. Located in Farmington Hills, the property benefits from access to the Detroit metropolitan area's labor pool, transportation infrastructure, and regional business network. The location provides connectivity to major area freeways, supporting efficient movement of goods and personnel throughout Southeast Michigan. The surrounding industrial and commercial environment further enhances the property's suitability for owner-users and investors seeking a functional industrial asset in a mature market. The combination of crane service, heavy power, warehouse functionality, outdoor storage potential, and regional accessibility positions the property for a variety of industrial occupancies and long-term operational use.

FOR SALE DETAILS

PRICE

$3,200,000 USD

PRICE/SF

$124 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1972

UTILITIES

Lighting - Fluorescent, Heating

CLEAR CEILING HT

42 Ft

DOCKS

-

DRIVE INS

6

PARKING SPACES

48

LAND DETAILS

LAND ACRES

2.15

LAND SF

93,654

ZONING

LI-1

APN/PARCEL ID

23-30-127-014

ASK ABOUT THIS PROPERTY

Kyle PassageCushman & WakefieldMore Info
248-358-6113

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Kyle PassageCushman & WakefieldMore Info
248-358-6113

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.