24505 Halsted Road

Farmington Hills, MI 48335

Listing ID: 197358
$2,900,000
For Sale
  • Property Type Industrial : Flex/Office Warehouse
  • Lot Size Acres 4.000
  • Building Sq Ft 29,220
  • Building Price per Sq Ft $99.25
  • Land Sq Ft 174,240
  • Land Price per Sq Ft $16.64
Description

Description

Pre-cast cement commercial building with a clear span of 244' x 120' provides an opportunity for new use with retail, technology or industrial use options. Steel Beam construction has 18' between beams which allows for easy addition of windows and overhead doors. The city approved 12,600 sf building additions in 2016. The parking lease currently pays $10,000 annually for daytime commuter parking but can be terminated. Please see following page for sale options.

Highlights

High Visibility and Easy Highway Acess

200 Surface Parking Spaces

Clear Span Building

Additional 12,600 SF Available

Attachments & Files
Listing Demographics

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population9,78566,102189,860
Population Median Age384142
Population by Age0-9 Yrs909 (9%)7179 (10%)19968 (10%)
10-19 Yrs622 (6%)6986 (10%)21156 (11%)
20-29 Yrs2133 (21%)9058 (13%)21432 (11%)
30-39 Yrs2109 (21%)9607 (14%)24081 (12%)
40-49 Yrs1125 (11%)8254 (12%)23423 (12%)
50-59 Yrs1103 (11%)9445 (14%)29426 (15%)
60-69 Yrs880 (8%)7760 (11%)25005 (13%)
70+ Yrs904 (9%)7813 (11%)25367 (13%)
Median HH Income$72,580$85,873$85,257
Total Household Income< 24K706 (14%)2965 (10%)9420 (12%)
25-49K692 (14%)4599 (16%)12649 (16%)
50-74K1048 (22%)4674 (16%)12591 (16%)
75-99K755 (16%)3985 (14%)10695 (13%)
100-199K1189 (25%)8778 (31%)23488 (30%)
200K+323 (6%)2941 (10%)9254 (11%)
Highest Education LevelNo Diploma33217626263
Diploma or GED656617920767
Some College1210820725046
Assoc. Degree382359610753
Bachelors Degree24391524641311
Higher Degree22441272634423
Total Housing Units5,03029,75283,107
--Owner-Occupied1,18916,54053,494
--Renter-Occupied3,52411,40224,602
Owner-Occupied Values< 100K4215074690
100-199K165382113159
200-299K433528716997
300-399K478395010736
400-499K5712284485
500K+147473427
Total Working Age Population8,48654,394156,430
In Work Force6,12936,326101,030
Not In Work Force2,35718,06855,400
Workforce Employed5,88435,04797,216
Workforce Unemployed2451,2793,790
Civlian Workforce6,12936,326101,006
Military Workforce0024
Total Households4,71327,94378,097
Family Households2,28217,48350,221
Non-Family Households2,43110,46027,875
Married Couple1,83214,72442,104
Other Family4502,7598,118
Married w/Child7776,33216,893
Single Male w/Child31142647
Single Female w/Child889732,510

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Michigan9,938,444-19,883,640+110,023,423+410,424,510
Wayne County2,061,162-121,820,584-41,741,463-11,730,000
Oakland County1,194,156+11,202,362+51,264,515+71,350,052

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

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Listing Agent
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