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    Warren Warehouse Opportunity Title is generated by Realmo AI

    2050 Morrissey Ave, Warren, MI

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    40,650 SF warehouse in Warren, Michigan for sale.

    Type:INDUSTRIAL
    Property size:
    40,650 SF
    Lot size:
    2.07 Acres
    Price / SF:
    $109/SF
    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

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    Joseph DePonio III, SIOR

    Listing office L. Mason Capitani, Inc.

    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

    This property is a 40,650 square foot warehouse located in Warren, Michigan. It is suitable for warehouse and industrial purposes.

    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
    40,650 SF · lease $7.68/SF/yr · vacancy 4.44% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $3.62M
    $3.17M – $4.23M (±1% cap)
    NOI $253,581 @ 7.0% cap · market cap 5.70%
    Second Best
    Industrial
    $2.98M
    $2.61M – $3.48M (±1% cap)
    NOI $208,831 @ 7.0% cap · market cap 4.69%
    Theoretical Best
    Office A
    $8.97M
    $7.85M – $10.46M (±1% cap)
    NOI $627,728 @ 7.0% cap · market cap 14.11%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bulldog Factory Services ... Corporate Office

    Suggested Use

    Real Estate Agency Law Firm Spa & Massage Center Dental Office Hair Salon Gym & Fitness Center Nail Salon Restaurant Accounting Firm Daycare Center

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

    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

    FAQs

    What type of property is this?
    Warehouse - 40,650 SF warehouse in Warren, Michigan for sale.
    Where is this warehouse located?
    The property is located at 2050 Morrissey Ave Warren, MI.
    What is the asking price?
    The asking price for this property is $4,450,000.
    What are key features of this property?
    This property features: 40,650 SF warehouse space; Located in Warren, Michigan; Property is for sale
    (586) 615-9434 Call to check price and availability
    More about this property
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