2050 Morrissey Ave, Warren, MI
40,650 SF warehouse in Warren, Michigan for sale.
- Added:
- Aug 26, 2025
- Days on Market:
- 315
- Last Refresh:
- May 19 at 11:02 pm
Property Features for 2050 Morrissey Ave
General Information
- Standard status
- Active
- Size
- 40,650 SF
- Lot size
- 2.07 Acres
- Property subtype
- INDUSTRIAL
Listing office L. Mason Capitani, Inc. (586) 615-9434
Listing date Aug 26, 2025
Source Moodyscre
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 L. Mason Capitani, Inc.
HighLights
- 40,650 SF warehouse space
- Located in Warren, Michigan
- Property is for sale
Overview
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $312.2k | $7.68 |
| − Vacancy | −$13.9k | −$0.34 |
| EGI | $298.3k | $7.34 |
| − OpEx | −$44.7k | −$1.10 |
| NOI | $253.6k | $6.24 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Closetbox — 24660 Dequindre Rd, Warren, MI 48091
- Self-Storage — Warren, MI 48091
- Self-Storage at U-Haul — 2000 E 10 Mile Rd, Warren, MI 48091
- UNITS Moving and Portable Storage of Detroit — 24660 Dequindre Rd, Warren, MI 48091
- Palmer Moving Services — 24660 Dequindre Rd, Warren, MI 48091
Location Insight
- Map
- Local Demand
- City
- Warren
- County
- Macomb
- State
- Michigan
- Longitude
- -83.0823
- Latitude
- 42.4668
