24871 Gibson Dr, Warren, MI 48089
Two-building warehouse property featuring crane, office, and high ceilings.
- Added:
- Jul 15, 2025
- Days on Market:
- 357
- Last Refresh:
- Mar 17 at 1:20 pm
Property Features for 24871 Gibson Dr
General Information
- Standard status
- Active
- Size
- 11,648 SF
- Property subtype
- Industrial
Listing office L. Mason Capitani
Listing date Jul 15, 2025
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 L. Mason Capitani
HighLights
- Sale/leaseback opportunity for two buildings.
- Building 1: 8,648 SF with bonus upstairs office and includes a 5‑ton crane.
- Building 2: 3,000 SF clear span warehouse with 22' ceiling height.
- Both buildings: A/C in the warehouse, gas forced air, and buss duct.
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 | $89.5k | $7.68 |
| − Vacancy | −$4.0k | −$0.34 |
| EGI | $85.5k | $7.34 |
| − OpEx | −$12.8k | −$1.10 |
| NOI | $72.7k | $6.24 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Iron Mountain — 24300 Wahl St, Warren, MI 48089
- Public Storage — 24455 Schoenherr Rd, Warren, MI 48089
- Yboo 3PL — 11530 Stephens Rd, Warren, MI 48089
- LPBIN LP Storage Cabinet — 13446 E 9 Mile Rd, Warren, MI 48089
Location Insight
- Map
- Local Demand
- City
- Warren
- County
- Macomb
- State
- Michigan
- Longitude
- -83.002962
- Latitude
- 42.477294
