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SDI Building - Silver Bell Technology Park 1050 W Silverbell Rd

29,400 SF Flex Building Lake Orion, MI 48359 $3,000,000 ($102/SF)

Investment Highlights

  • High-tech manufacturing
  • Passenger and material elevators
  • Laboratory and development

Executive Summary

SDI Building at Silver Bell Technology Park. Built in two phases (1982 and 1992), the SDI building is currently configured as three tenant spaces offering 3 lobbies, 3 lunch rooms, 8 restroom locations (4-paired groups, 1 single, 3 executive in-office singles), a parts elevator, an employee elevator, is fully air-conditioned and has extensive exterior landscaping with a gazebo overlooking naturally-style detention pond. 18,000 sq/ft office/flex space on the upper level and 11,400 sq/ft office/flex space on the lower level. Built by the current owner to service one manufacturing concern; it has been sub-divided with the intent of being easily restorable to one contiguous space. A package conveyor system had been in prior use between floors to move parts and finish products. The machinery is on-site and could be re-installed. The building was designed with energy efficiency in mind; prior use included the recovery of heat from the manufacturing process to supplement central heating when needed and easily vented to cut cooling load requirement. The building has three loading bays - two on grade (one high-bay area) and one dock-well. There are 70 parking spaces with additional room to expand if needed. Keyless entry system; alarm system; lawn sprinklers (serviced by a private well). Zoned L-I (limited industrial). Directly across the street from the GM Orion Assembly facility, which is currently slated for a 4-billion dollar expansion which will include electric vehicle and battery production. Close proximity to other manufacturing and high-tech, including ABB, Dana, FedEx, Esys Automation, Continental AG, Webber Automotive, Rousch Industries, Delta, Society C and others. 12 miles from Oakland-Pontiac Airport. Less than 30 miles from Flint-Bishop, Detroit Metro and Coleman A Young airports. Orion Township tax abatements may be available - guidelines in the document folder.

Property Facts

Price $3,000,000
Price Per SF $102
Sale Type Owner User
Property Type Flex
Property Subtype
Light Manufacturing
  • Industrial Distribution
  • Industrial Manufacturing
Building Class C
Lot Size 3.31 AC
Rentable Building Area 29,400 SF
No. Stories 2
Year Built/Renovated 1982/1992
Parking Ratio 2.38/1,000 SF
No. Drive In / Grade-Level Doors 2

Amenities

  • Controlled Access
  • Pond
  • Security System
  • Signage
  • Central Heating
  • Outdoor Seating
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
09-27-301-050
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,012,070

zoning

Zoning Code II (Orion Township Limited Industrial (L-I) Zoning Ord. included in the attached documents.)
II (Orion Township Limited Industrial (L-I) Zoning Ord. included in the attached documents.)
  • Listing ID: 23790246

  • Date on Market: 7/28/2021

  • Last Updated:

  • Address: 1050 W Silverbell Rd, Lake Orion, MI 48359

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