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Sensor Development 1050 W Silverbell Rd 29,400 SF 100% Leased Flex Building Lake Orion, MI 48359 $2,150,000 ($73.13/SF)
Investment Highlights
- Approximately 29,400 SF industrial/flex facility on 3.31 acres.
- Approximately 18,000 SF office and 11,400 SF lab/warehouse area.
- Quick access to Interstate 75 via M-24 (Lapeer Road) and Joslyn Road.
- Functional mix of office, laboratory, light manufacturing, and warehouse space.
- Located directly across from General Motors' Orion Assembly facility.
- Flexible layout suitable for owner-users, investors, or multi-tenant occupancy.
Executive Summary
1050 W. Silverbell Road presents an opportunity to acquire a well-located industrial/flex facility within the Silver Bell Technology Park in Lake Orion, one of Oakland County’s established manufacturing and technology corridors. The property contains approximately 29,400 square feet situated on 3.31 acres and is strategically positioned directly across from General Motors’ Orion Assembly facility, providing immediate proximity to one of the region’s major automotive manufacturing operations.
The building offers a versatile mix of office, laboratory, light manufacturing, and warehouse space, making it suitable for a wide range of industrial, engineering, research and development, technology, and advanced manufacturing users. Existing improvements include approximately 18,000 square feet of office space and 11,400 square feet of laboratory/warehouse area, supported by heavy power infrastructure, clear heights up to approximately 20 feet, loading capabilities, full air conditioning, and fire suppression systems.
Its location provides convenient access to Interstate 75 via the M-24 (Lapeer Road) and Joslyn Road interchanges, allowing efficient connectivity throughout Southeast Michigan. The property's flexible design can accommodate either a single occupant or multiple tenants, creating opportunities for both owner-users and investors.
An additional advantage is the potential to acquire the property in conjunction with adjacent land holdings, creating a larger development or expansion opportunity. Combined with its proximity to major automotive and advanced manufacturing employers, the property offers long-term value within a highly desirable industrial submarket.
The building offers a versatile mix of office, laboratory, light manufacturing, and warehouse space, making it suitable for a wide range of industrial, engineering, research and development, technology, and advanced manufacturing users. Existing improvements include approximately 18,000 square feet of office space and 11,400 square feet of laboratory/warehouse area, supported by heavy power infrastructure, clear heights up to approximately 20 feet, loading capabilities, full air conditioning, and fire suppression systems.
Its location provides convenient access to Interstate 75 via the M-24 (Lapeer Road) and Joslyn Road interchanges, allowing efficient connectivity throughout Southeast Michigan. The property's flexible design can accommodate either a single occupant or multiple tenants, creating opportunities for both owner-users and investors.
An additional advantage is the potential to acquire the property in conjunction with adjacent land holdings, creating a larger development or expansion opportunity. Combined with its proximity to major automotive and advanced manufacturing employers, the property offers long-term value within a highly desirable industrial submarket.
Property Facts
| Price | $2,150,000 | Lot Size | 3.31 AC |
| Price Per SF | $73.13 | Rentable Building Area | 29,400 SF |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Flex | Year Built | 1982 |
| Property Subtype | Light Manufacturing | Parking Ratio | 2.38/1,000 SF |
| Building Class | C | No. Drive In / Grade-Level Doors | 2 |
| Zoning | II - Industrial Zoned District | ||
| Price | $2,150,000 |
| Price Per SF | $73.13 |
| Sale Type | Investment |
| Property Type | Flex |
| Property Subtype | Light Manufacturing |
| Building Class | C |
| Lot Size | 3.31 AC |
| Rentable Building Area | 29,400 SF |
| No. Stories | 2 |
| Year Built | 1982 |
| Parking Ratio | 2.38/1,000 SF |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | II - Industrial Zoned District |
Amenities
- Controlled Access
- Security System
- Signage
- Storage Space
- Air Conditioning
- Smoke Detector
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 09-27-301-050 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,057,330 |
Property Taxes
Parcel Number
09-27-301-050
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,057,330
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