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Investment Highlights

  • Zoned I-1 Light Industrial with cannabis-permitted uses under local ordinances.
  • Multi-door access for shipping, receiving, and storage to accommodate industrial logistics.
  • Over 100 parking spaces with potential for outdoor storage and truck maneuvering.
  • 12-foot ceiling in processing space and up to 19-foot heights in warehouse for adaptable configurations.
  • Significant electrical and mechanical improvements, including 20 tons of HVAC.
  • Location offers direct connectivity to M-5, I-96, and I-275, serving Southeast Michigan industrial markets.

Executive Summary

This freestanding industrial/cannabis warehouse in Walled Lake represents a highly functional asset designed for versatile industrial use or investment. Spanning 32,028 square feet and situated on 3.03 acres, the building is zoned I-1 Light Industrial, enabling a broad range of industrial applications including processing, manufacturing, warehousing, and commercial distribution—alongside permitted cannabis-related operations as allowed by local ordinance.
The property includes substantial infrastructure such as multiple overhead doors, a partial roof replacement, and 20 tons of HVAC intended to support future ownership upgrades. Ceiling heights range from 12 feet in the former processing area to 18–19 feet in the expansive warehouse section, accommodating large-scale operations and flexible layouts. Electrical and mechanical systems are in place to handle rigorous industrial requirements. With 107 on-site parking spaces and generous truck circulation, outdoor storage and logistics demands are readily supported.
Strategically located within Oakland County, the site provides seamless access to M-5, I-96, and I-275, linking businesses to Novi, Wixom, Commerce Township, and Southeast Michigan’s key economic corridors. Offering seller financing opportunities and positioned near established retail and service providers, this property delivers adaptability for growth and operational efficiency within an established industrial district.

Property Facts

Price $2,758,519 CAD
Price Per SF $86.13 CAD
Sale Type Investment
Property Type Industrial
Property Subtype
Warehouse
  • Flex Light Manufacturing
  • Industrial Distribution
Building Class C
Lot Size 3.10 AC
Rentable Building Area 32,028 SF
No. Stories 1
Year Built 1977
Tenancy Single
Parking Ratio 3.34/1,000 SF
Clear Ceiling Height 14’
No. Dock-High Doors/Loading 1
Cross Streets M-5/Maple Road
Zoning II - I-1 Industrial Zoning This zoning allows for Cannabis Grow, Processing & Transport

Utilities

  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating
Fairly walkable
40/100
Exceptionally drivable
90/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
17-34-176-021
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,360,722 CAD
  • Listing ID: 40973918

  • Date on Market: 2026-06-18

  • Last Updated:

  • Address: 850 Ladd Rd, Walled Lake, MI 48390

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