Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    27365 Ryan Rd Warren, MI 48092

    Sponsored
    For Sale
    $199,999

    Vacant Land - Warren, MI

    Lot size:
    1.30 Acres
    Days on Market:
    9
    Last Refresh:
    Feb 20 at 6:06 am

    Property Features for 27365 Ryan Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Residential
    APN
    1318429062
    Lot size
    1.30 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Rana Yalda

    COMMUNITY CHOICE REALTY INC. (248) 729-0011

    Listing agent Rana Yalda (248) 729-0011

    Listing date Feb 12, 2026

    MLS# 20261008905 Listing URL

    Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Warren Land: Approved Combined Lots

    This listing features two adjacent lots, totaling 1.28 acres, approved by the City of Warren to be combined into a single parcel. Zoned R-3 for Multiple-Family Dwelling, the site is suitable for builders or developers and can accommodate up to four homes, each up to 2,400 sq ft. The property is located on Ryan Road and offers convenient access to I-696 and I-75, shopping, and schools. Utilities are available at the street, making it a development-ready opportunity in Warren, MI.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Warren
    County
    Macomb
    State
    Michigan
    Longitude
    -83.06761
    Latitude
    42.49395

    Nearby Similar for Sale

    • $225,000
      1,418 SF

      Well-Maintained Duplex in Warren, MI

      Two-unit multifamily property with long-term tenants and recent updates.
      21857 Le Fever Ave, Warren, MI 48091
      View Details
    • $349,999
      3,000 SF

      Warren Commercial Property For Sale

      Commercial building on 0.33 acres, endless business possibilities.
      5102 Nine Mile Rd, Warren, MI 48091
      View Details
    • New
      $219,900
      2,256 SF

      Updated Duplex in Warren, MI

      Income-producing duplex with updated features and potential rental income.
      7542 Meadow Ave, Warren, MI 48091
      View Details
    • $500,000
      6,207 SF

      Turn-Key Banquet Hall For Sale

      Banquet hall for sale, ideal for events and hospitality.
      7231 Chicago Rd, Warren, MI 48092
      View Details
    • $249,900
      2,055 SF

      Renovated Commercial Building, Warren, MI

      Turnkey commercial building renovated in 2020, suitable for various businesses.
      21511 Van Dyke Ave, Warren, MI 48089
      View Details
    • $2,250,000
      41,055 SF

      Warren Commercial Property Near GM

      41,000+ sq ft building on 3.18 acres near GM Tech Center.
      30100 Van Dyke Ave, Warren, MI 48093
      View Details
    • $375,000
      3,450 SF

      Welding Shop Business and Property

      Thriving welding shop with real estate and equipment for sale.
      13118 E Nine Mile Rd, Warren, MI 48089
      View Details
    • $119,900
      1,000 SF

      Warren Duplex: Investment Opportunity

      Duplex with long-term tenants, great investment property.
      21079 Helle Ave, Warren, MI 48089
      View Details
    • $775,000
      Pending

      Profitable Gas Station Opportunity, Warren

      Established Citgo gas station with convenience store in high-traffic location.
      22600 Dequindre Rd, Warren, MI 48091
      View Details
    • $40,000
      5,520 SF

      Established Jewelry Business Opportunity

      Turnkey jewelry business with showroom, fixtures, and loyal customer base.
      32879 Schoenherr Rd, Warren, MI 48088
      View Details
    • $1,150,000
      23,776 SF

      Warren Retail/Industrial Buildings on Highway

      Two buildings totaling 23,776 SF on 1.92 AC.
      24155 Groesbeck Hwy, Warren, MI 48089
      View Details
    • $475,000
      4,384 SF

      Established Auto Repair Business

      Successful auto repair business with real estate and residential unit.
      14447 E 9 Mile Rd, Warren, MI 48089
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Two city-approved lots totaling 1.28 acres in Warren, MI.
    Where is this residential land & home lot located?
    The property is located at 27365 Ryan Rd Warren, MI.
    What is the asking price?
    The asking price for this property is $199,999.
    What are key features of this property?
    This property features: - City-approved to combine two lots into a single 1.28-acre parcel; - Zoned R-3 for Multiple-Family Dwelling, allowing for development of up to four homes; - Each home can measure up to 2,400 sq ft
    (586) 873-5537
    Request Owner's contact information
    27365 Ryan Rd Warren, MI 48092
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    27365 Ryan Rd
    Warren, MI 48092
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    27365 Ryan Rd Warren, MI 48092
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Rana Yalda
    (586) 873-5537 (586) 258-9984 (248) 729-0011
    Learn more
    Google sign-in failed. Please try again or use another login method.