12805 Silver Lake Road
Green Oak Twp, MI, 48116 $ 2,600,000
Bedrooms-- Baths-- Sq 18,000 Monthly Estimate*
$ 16,221
for $2,600,000. This 18,000 square foot building was built in 2006 on a lot size of 3.
Exceptional opportunity for investors or owner-occupied users to acquire an 18,000 SF high-bay industrial property in a General Industrial District, allowing outdoor storage! This meticulously maintained property, constructed in 2006, offers a highly desirable 7.56% CAP rate with three established tenants. The property features three approximately 6,000 SF spaces, each with its own nicely finished office space, 21-foot clear span interiors, 7-inch concrete floors, and insulated power overhead doors. It boasts energy-efficient construction, updated LED lighting, and excellent mechanical systems. The General Industrial (G.I.) zoning, permitting outdoor storage, is very rare and hard to get as very few municipalities allow this. Lease expirations range from May 2026 to October 2028, with varying renewal options for each tenant. For a user, this offers the flexibility to occupy a space as a lease expires or continue with the existing tenant. Located just two miles off I-96 on an all-season, Grade A road, this income-producing property benefits from high-quality construction and low taxes in Green Oak Township. The sale includes four parcel ID numbers: 12801 Silver Lake (1611401004), 12805 Silver Lake (1611401003), 12809 Silver Lake (1611401002), and 12795 Silver Lake (1611400065). Please note that 12813 Silver Lake (1611401001) is not included in the sale. Broker-owned.
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FeaturesGeneralSewer SepticTank
Heating ForcedAir NaturalGas
Cooling CentralAir
Possession Negotiable
Garage Spaces 0.0
Construction Materials Brick
Year Built 2006
Property Subtype RealEstateOnly
Current Use Commercial Warehouse
Business Type Industrial
County Livingston
Net Operating Income 196669.0
Operating Expense 32029.0
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Subdivision Name CONTRACTORS CORNERS CONDO
Garage Y/N N
Building Features DoorsOver20ft LoadingDockGrade
Status Active
Directions Kensington Road Exit off of I-96 - South to Silver Lake Road
City GreenOakTownship_Livingston
Senior Community Y/N N
High School District Brighton
Zoning Description HeavyIndustry
MLS Area Area01161GreenOakTwp
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 4457.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type MultipleOccupantTypes
Tax Assessed Value 97520
Expected Active Date 2025-11-01
Legal Description SEC 11 T1N-R6E CONTRACTORS CORNERS CONDOMINIUMS UNIT 3 LEGAL DESC CORR 1/3/2007
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ExteriorWater Source Well
Foundation Details Slab
Spa N
Lot Dimensions Irregular
Lot Size Acres 3.0
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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InteriorBasement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 18000.0
Above Grade Finished Area Unit Type SquareFeet
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* Excluded FeaturesList BySteve J GronowListing Agent
Chestnut Real EstateBroker
Affordability Calculator
- Monthly Principal & Interest
- $16,221
- Monthly Property Taxes
- $371
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Green Oak Twp, MI
Average List Price $711,167
Percent of Sale Price 73%
Trends Information provided by ATTOM Data Solutions.
848414 Elementary School
848829 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/1/2025 | $2,600,000 | | Listed Price |