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    12816-12832 E 9 Mile Rd Warren, MI 48909

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    For Sale
    $1,950,000

    Five-unit flex space building in Warren, MI, fully leased.

    Lot size:
    1.24 Acres

    Property Features for 12816-12832 E 9 Mile Rd

    General Information

    Lot size
    1.24 Acres

    Building Details

    Year built
    1999

    Source: Real Estate One-Troy Agent Frank Jajou

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Warren Flex Space Investment Opportunity

    This 5-unit flex space building is located in Warren, Michigan, and presents a fully leased investment opportunity with a consistent monthly income. The building has been updated with fresh exterior paint and new entry doors. Interior renovations have been completed across all units, which include new electrical work, five separate meters, and high-voltage service with individual step-down transformers. The roof is approximately 10 years old. Proof of funds and a non-disclosure agreement are required for additional details.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Law Firm Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Similar Places Nearby

    Firehouse Subs Downtown Lansing, Amy's Catering

    Location Insight

    • Map
    • Local Demand
    City
    Warren
    County
    Macomb
    State
    Michigan
    Longitude
    -82.99416
    Latitude
    42.463596

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    FAQs

    What type of property is this?
    Flex space - Five-unit flex space building in Warren, MI, fully leased.
    Where is this flex space located?
    The property is located at 12816-12832 E 9 Mile Rd Warren, MI.
    What is the asking price?
    The asking price for this property is $1,950,000.
    What are key features of this property?
    This property features: - Fully leased 5-unit flex space building providing immediate monthly income.; - Recent complete interior renovations across all units.; - New electrical work in each unit, including separate meters and high-voltage service.
    (248) 709-6696
    Request Owner's contact information
    12816-12832 E 9 Mile Rd Warren, MI 48909
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    Realmo Value Estimation

    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.

    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.

    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
    12816-12832 E 9 Mile Rd Warren, MI 48909
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