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    114055-11445 Stephens Rd Warren, MI 48089

    Sponsored
    For Sale
    $8,000,000

    Spacious Michigan manufacturing/warehouse

    Property size:
    88,609 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 88,609-square-foot industrial property, situated on a 5.05-acre lot in Warren, Michigan, presents a compelling investment opportunity. The single-story, Class B building, constructed in 1963 and renovated in 1966, boasts a 17-foot clear ceiling height, ideal for various manufacturing and warehousing operations. The property features three dock-high doors and two interior truckwells, ensuring efficient loading and unloading. Ample parking is provided with 150 spaces, and the site is fully fenced. The building includes a 7,200-square-foot office area, equipped with fluorescent lighting. Heating is provided by a new tube radiant system, and the rear roof was replaced approximately 10 years ago. The property benefits from heavy power (240 and 480-volt service) and includes one 5-ton crane. Zoned M-2, this location offers convenient access to major freeways, including I-94 and I-75, placing it within minutes of the Mound/I-696 interchange. Its strategic position near Stellantis Assembly, the GM Tech Center, and TACOM further enhances its appeal. The asking price is $8,000,000, translating to $90.28 per square foot. The property is currently vacant and ready for immediate occupancy. The property's address is 11405-11445 Stephens Rd, Warren, MI 48089, with APN 12-13-27-276-017.

    Property Features for 114055-11445 Stephens Rd

    General Information

    Property type
    Distribution properties
    Square Feet
    88,609 SF
    Class
    B
    Lot Size
    219,978 SF

    Building Details

    Year Built/Renovated
    1963/1966
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • 88,609 SF industrial building.
    • Two interior truckwells.
    • Three overhead doors.
    • 17' clear height, heavy power, and fluorescent lighting.
    • One 5‑ton crane.
    • Quick freeway access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Warren
    County
    Macomb
    State
    Michigan
    Longitude
    -83.0089445
    Latitude
    42.4716693

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    FAQs

    What type of property is this?
    Distribution property - Spacious Michigan manufacturing/warehouse
    Where is this distribution property located?
    The property is located at 114055-11445 Stephens Rd Warren, MI.
    What is the asking price?
    The asking price for this property is $8,000,000.
    What are key features of this property?
    This property features: 88,609 SF industrial building.; Two interior truckwells.; Three overhead doors.
    Request Owner's contact information
    114055-11445 Stephens Rd Warren, MI 48089
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    114055-11445 Stephens Rd Warren, MI 48089
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