For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Industrial Property in Warren, Michigan Title is generated by Realmo AI

    24871 Gibson Dr, Warren, MI

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Industrial property featuring 11,648 square feet of space for sale.

    Type:INDUSTRIAL
    Property size:
    11,648 SF
    Lot size:
    0.78 Acres
    Price / SF:
    $81/SF
    Added:
    Aug 26, 2025
    Days on Market:
    303
    Last Refresh:
    May 20 at 9:17 pm

    Property Features for 24871 Gibson Dr

    General Information

    Standard status
    Active
    Size
    11,648 SF
    Lot size
    0.78 Acres
    Property subtype
    INDUSTRIAL

    We can help!

    Contact an agent
    Nick Gitary
    Nick Gitary

    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

    • 11,648 square feet of industrial space
    • Industrial property
    • Property for sale

    Overview

    This industrial property, located in Warren, Michigan, offers 11,648 square feet of space. The property is suitable for industrial use.

    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 $89.5k $7.68
    − Vacancy −$4.0k −$0.34
    EGI $85.5k $7.34
    − OpEx −$25.6k −$2.20
    NOI $59.8k $5.14
    11,648 SF · lease $7.68/SF/yr · vacancy 4.44% · expense 30.00%

    Alternative Uses

    Best Use
    Industrial
    $854.8K
    $748.0K – $997.3K (±1% cap)
    NOI $59,839 @ 7.0% cap · market cap 6.30%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $2.57M
    $2.25M – $3.00M (±1% cap)
    NOI $179,872 @ 7.0% cap · market cap 18.93%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Maxi Grip Industrial Manufacturer

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Warren
    County
    Macomb
    State
    Michigan
    Longitude
    -83.003
    Latitude
    42.4773

    FAQs

    What type of property is this?
    Industrial property - Industrial property featuring 11,648 square feet of space for sale.
    Where is this industrial property located?
    The property is located at 24871 Gibson Dr Warren, MI.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: 11,648 square feet of industrial space; Industrial property; Property for sale
    (248) 535-8454 Call to check price and availability
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message