Warren Mixed-Use M1 Zoned
For Sale
Contact for pricing
8419 East 9 Mile Road, Warren, MI 48089
M1 Zoned mixed-use building available for sale in Warren.
Property Size8,277 SF
Price / SF$63.43
Days on Market73
Property Features for 8419 East 9 Mile Road
General Information
Standard status
Active
Size
8,277 SF
Property subtype
Retail, Industrial, Mixed Use
Listing Agency:
Community Choice Realty
Listed By:
Fadi Akkam · License #423330
Source:
Crexi
Added: May 21
Changed: Jul 10
Last Checked: Jul 28 at 4:44AM
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
Investment Insights
Based on property information with market context.
This mixed-use building is located in Warren, Michigan. The property is zoned M1. The building has a total size of 8277 square feet.
Key Highlights
- Great Location on Major Hwy
- Rustic and Ready
- Various types of businesses will fit
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
Retail
$1.46M
$1.27M – $1.70M
NOI $101,947 @ 7.0% cap · market cap 19.42%
Second Best
Mixed Use
$1.22M
$1.07M – $1.43M
NOI $85,667 @ 7.0% cap · market cap 16.32%
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 authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
438
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
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - M1 Zoned mixed-use building available for sale in Warren.
Where is this mixed-use property located?
The property is located at 8419 East 9 Mile Road 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: Great Location on Major Hwy; Rustic and Ready; Various types of businesses will fit