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Remodeled Flex Space with Warehouse
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13401 - 13417 E 8 Mile Rd, Warren, MI 48089

Remodeled commercial building with warehouse capacity, office areas, overhead access, and a second-story apartment.

Property Size4,480 SF
Price / SF$0.00
Days on Market221
Rey
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Property Features for 13401 - 13417 E 8 Mile Rd

General Information

Standard status Active
Size 4,480 SF
Property subtype Industrial
Zoning M-1

Building Details

Building Size 4,480 SF
Listing Agency: PA Commercial
Listed By: Kevin Bull
Source: Cpix.resimplifi
Added: Mar 9 Changed: Oct 11 Last Checked: Oct 14 at 7:54PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of PA Commercial

Investment Insights

Based on property information with market context.

This remodeled 4,480 SF flex property is arranged in three sections, combining substantial warehouse space with four offices and multiple restrooms. Six overhead doors support loading and vehicle access, while LED lighting, floor drains, and 220v/3 phase power serve a range of industrial functions. The building also includes a second-story two-bedroom apartment with a kitchen and washer-dryer connections.

Positioned on E 8 Mile Rd, the property records 40,000 passing cars per day and includes parking for 25 vehicles. M-1 zoning is in place. The sectional layout can accommodate multiple tenants or distinct business operations, with the configuration supporting retail, industrial, and automotive uses as described in the property information.

Key Highlights

  • 4,480 SF remodeled flex, industrial, and showroom building
  • Six overhead doors, four offices, and multiple restrooms
  • Second‑story two‑bedroom apartment with kitchen and washer‑dryer connections

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$23,015
Suggested Prices Based on Cap Rates
Cap Rate 5%
$460,300 $460.3K
Cap Rate 7%
$328,786 $328.8K
Cap Rate 9%
$255,722 $255.7K
Market Conditions
NOI Build-Up for 4,480 SF
Gross rent
$34.4K $7.68/SF
− Vacancy
−$1.5K −$0.34/SF
EGI
$32.9K $7.34/SF
− OpEx
−$9.9K −$2.20/SF
NOI
$23.0K $5.14/SF
Area
Warren, MI
Vacancy
4.44%
Lease Rate
$7.68 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$460,300
Cap Rate 7%
$328,786
Cap Rate 9%
$255,722

Alternative Uses

Best Use
Retail
$788.3K
$689.8K – $919.7K (±1% cap)
NOI $55,180 @ 7.0% cap · market cap 501,636.36%
Second Best
Flex RnD
$656.9K
$574.8K – $766.4K (±1% cap)
NOI $45,986 @ 7.0% cap · market cap 418,054.55%
Theoretical Best
Office A
$988.3K
$864.8K – $1.15M (±1% cap)
NOI $69,181 @ 7.0% cap · market cap 628,918.18%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Spa & Massage Center Skin Care Clinic Gym & Fitness Center

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

564
Businesses Nearby
Balanced
Demand for This Use

Demographics for 48089, MI

32,012
Population
13,597
Households
2.4
Avg Household Size
35
Median Age
11%
College-Educated
83%
High-School Grad
8.0 sq mi
ZIP Area
4,002
Density / Sq Mi
$53,076
Median Household Income
$35,786
Median Earnings
$1,187
Median Rent
$117,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Similar Off Market Nearby

  • Mercurio Food Specialties — 24920 Gibson Dr, Warren, MI 48089

Frequently Asked Questions

What type of property is this?
Flex space - Remodeled commercial building with warehouse capacity, office areas, overhead access, and a second-story apartment.
Where is this flex space located?
The property is located at 13401 - 13417 E 8 Mile Rd Warren, MI.
What are key features of this property?
This property features: 4,480 SF remodeled flex, industrial, and showroom building; Six overhead doors, four offices, and multiple restrooms; Second‑story two‑bedroom apartment with kitchen and washer‑dryer connections
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