Cannabis-Ready Industrial
New
For Sale
$1,150,000
25141 Easy Street, Warren, MI 48089
The fenced commercial site includes shop and office space prepared for cannabis cultivation or processing.
Property Size7,200 SF
Price / SF$159.72
Days on Market5
Property Features for 25141 Easy Street
General Information
Standard status
Active
Size
7,200 SF
Property subtype
Commercial
Zoning
Commercial
Building Details
Building Size
7,200 SF
Year Built
1955
Listing Agency:
Berkshire Hathaway HomeServices Kee Realty NB
Listed By:
James Fennell · License #6501242077
(586) 996-1251
Source:
Buskardgroup
Added: Oct 19
Changed: Oct 22
Last Checked: Oct 22 at 2:43PM
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 Berkshire Hathaway HomeServices Kee Realty NB
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Investment Insights
Based on property information with market context.
Built in 1955, this commercial property contains a 6,000-square-foot shop and a 1,200-square-foot office with a shower. Overhead doors serve the shop, and perimeter fencing encloses the site. The property is prepared for cannabis cultivation or processing and is located within Warren’s Green Zone. Zoning is Commercial.
The site is described as near major freeways and highways, without specific routes identified.
The site is described as near major freeways and highways, without specific routes identified.
Key Highlights
- 6,000‑square‑foot shop with overhead doors
- 1,200‑square‑foot office includes a shower
- Prepared for cannabis cultivation or processing
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,989
Cap Rate
3.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$739,780
$739.8K
Cap Rate 7%
$528,414
$528.4K
Cap Rate 9%
$410,989
$411.0K
Market Conditions
NOI Build-Up for 7,200 SF
Gross rent
$55.3K $7.68/SF
− Vacancy
−$2.5K −$0.34/SF
EGI
$52.8K $7.34/SF
− OpEx
−$15.9K −$2.20/SF
NOI
$37.0K $5.14/SF
Area
Warren, MI
Vacancy
4.44%
Lease Rate
$7.68 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$739,780
Cap Rate 7%
$528,414
Cap Rate 9%
$410,989
Alternative Uses
Best Use
Industrial
$528.4K
$462.4K – $616.5K
NOI $36,989 @ 7.0% cap · market cap 3.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.59M
$1.39M – $1.85M
NOI $111,184 @ 7.0% cap · market cap 9.67%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
371
Businesses Nearby
Explore this area
Business Placement
Demographics for 48089, MI
32,012
Population
13,597
Households
2.4
Avg Household Size
35
Median Age
11%
College-Educated
83%
High-School Grad
8.0 sq mi
ZIP Area
4,002
Density / Sq Mi
$53,076
Median Household Income
$35,786
Median Earnings
$1,187
Median Rent
$117,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Cannabis property - The fenced commercial site includes shop and office space prepared for cannabis cultivation or processing.
Where is this cannabis property located?
The property is located at 25141 Easy Street Warren, MI.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 6,000‑square‑foot shop with overhead doors; 1,200‑square‑foot office includes a shower; Prepared for cannabis cultivation or processing
