Listing Agency: NAI Farbman Southfield

Listed By: Ron Goldstone · License #6502102638 Show Phone

Source: Farbman

Added: Nov 21, 2025 Changed: Sep 4 Last Checked: Sep 4 at 5:59AM

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Investment Insights

Based on property information with market context.

This is a fully entitled multifamily project consisting of 138 units, situated on 7.68 acres. The property includes 285 parking spaces. It has an approved $4.8 MM Brownfield TIF. The apartment opportunity is conveniently located in the heart of Downtown Warren and steps away from the GM Tech Center.

Key Highlights

• Fully entitled 138‑unit multi‑family project.
• Approved $4.8 MM Brownfield TIF.
• Located in the heart of Downtown Warren.

Property Analytics

Property Profile

Current Use

Land

Suggested Use

Top Pick Real Estate Agency Electrical Service Daycare Center Kitchen & Bath Showroom HVAC Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

585

Businesses Nearby

Explore this area Business Placement

Demographics for 48093, MI

24,780

Population

10,480

Households

2.4

Avg Household Size

43

Median Age

26%

College-Educated

91%

High-School Grad

5.9 sq mi

ZIP Area

4,200

Density / Sq Mi

$66,420

Median Household Income

$42,685

Median Earnings

$1,123

Median Rent

$197,100

Median Home Value

Questions? Ask Rey

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What type of property is this? Where is this land located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Land - 138-unit multifamily project with approved Brownfield TIF in Warren, Michigan.

Where is this land located?

The property is located at 8525 Cole Drive Warren, MI.

What are key features of this property?

This property features: Fully entitled 138‑unit multi‑family project.; Approved $4.8 MM Brownfield TIF.; Located in the heart of Downtown Warren.