21520 Groesbeck Hwy, Warren, MI 48089
7,055 SqFt industrial property available for sale.
- Added:
- Mar 6, 2026
- Days on Market:
- 122
- Last Refresh:
- Mar 16 at 3:01 pm
Property Features for 21520 Groesbeck Hwy
General Information
- Standard status
- Active
- Size
- 7,055 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1948
Listing office Friedman Real Estate
Listing date Mar 6, 2026
Source Crexi
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 Friedman Real Estate
HighLights
- Industrial property
- 7,055 SqFt of space
- Built in 1948
Overview
Local Financial Insights For Industrial
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 | $54.2k | $7.68 |
| − Vacancy | −$2.4k | −$0.34 |
| EGI | $51.8k | $7.34 |
| − OpEx | −$15.5k | −$2.20 |
| NOI | $36.2k | $5.14 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Warren
- County
- Macomb
- State
- Michigan
- Longitude
- -82.997421
- Latitude
- 42.455261
