Two Standalone Industrial
8407 E 9 Mile Rd Warren, MI
8407 E 9 Mile Rd, Warren, MI, 00000
$525,000
For Sale
$525,000
Fully leased standalone industrial buildings on a main road with on-site parking and interstate access.
Property Size8,277 SF
Price / SF$63.43
Days on Market63
Property Features for 8407 E 9 Mile Rd
General Information
- Standard status
- Active
- Size
- 8,277 SF
Listing agency
Community Choice Realty Inc
(248) 729-0011
Listed by
Fadi Akkam · License #423330
(248) 729-0011
Source
Exprealty
Added: May 21 Updated: Jul 10 at 1:57PM Checked: Jul 21 at 3:59AM
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 Community Choice Realty Inc
Investment Insights
Based on property information with market context.
This for-sale income-producing property features two standalone industrial buildings totaling approximately 8,277 square feet. The buildings are fully leased and currently generating $5,000 in rental income. The setup supports straightforward tenant operations with an on-site parking area serving the industrial use.
Located directly on E. Nine Mile Rd in Warren, the property sits east of Van Dyke Rd. The frontage provides high visibility, and the site offers immediate access to major interstates including I-94, I-75, and I-696. The surrounding area is described as a high-traffic industrial corridor, supporting convenient transportation for logistics and service-oriented businesses.
For buyers or operators seeking an established industrial platform, this offering combines a multi-building configuration with existing in-place leasing. Its location along a primary thoroughfare and proximity to multiple interstate routes can be advantageous for tenant access and daily operations. The fully leased status also provides immediate occupancy rather than requiring a repositioning plan.
Located directly on E. Nine Mile Rd in Warren, the property sits east of Van Dyke Rd. The frontage provides high visibility, and the site offers immediate access to major interstates including I-94, I-75, and I-696. The surrounding area is described as a high-traffic industrial corridor, supporting convenient transportation for logistics and service-oriented businesses.
For buyers or operators seeking an established industrial platform, this offering combines a multi-building configuration with existing in-place leasing. Its location along a primary thoroughfare and proximity to multiple interstate routes can be advantageous for tenant access and daily operations. The fully leased status also provides immediate occupancy rather than requiring a repositioning plan.
Key Highlights
- Income‑producing property in Warren with two standalone industrial buildings totaling approximately 8,277 SF
- Fully leased with rental income reported at $5,000
- Located directly on E. Nine Mile Rd, east of Van Dyke Rd
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 | $63.6k | $7.68 |
| − Vacancy | −$2.8k | −$0.34 |
| EGI | $60.7k | $7.34 |
| − OpEx | −$18.2k | −$2.20 |
| NOI | $42.5k | $5.14 |
8,277 SF · lease $7.68/SF/yr · vacancy 4.44% · expense 30.00%
Alternative Uses
Best Use
Warehouse
$737.6K
$645.4K – $860.6K
NOI $51,633 @ 7.0% cap · market cap 9.83%
Second Best
Industrial
$607.4K
$531.5K – $708.7K
NOI $42,521 @ 7.0% cap · market cap 8.10%
Theoretical Best
Office A
$1.83M
$1.60M – $2.13M
NOI $127,816 @ 7.0% cap · market cap 24.35%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Warehouses
Similar For Sale Nearby
FAQs
What type of property is this?
Warehouse - Fully leased standalone industrial buildings on a main road with on-site parking and interstate access.
Where is this warehouse located?
The property is located at 8407 E 9 Mile Rd Warren, MI.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Income‑producing property in Warren with two standalone industrial buildings totaling approximately 8,277 SF; Fully leased with rental income reported at $5,000; Located directly on E. Nine Mile Rd, east of Van Dyke Rd
