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    14171 10 Mile Rd Warren, MI 48089

    For Sale
    $225,000

    1.44-acre M-2 zoned industrial lot

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 1.44-acre parcel, located in Warren, Michigan's thriving industrial corridor, presents a remarkable investment opportunity. Zoned M-2 Industrial, this property boasts dual frontage on East 10 Mile Road and Groesbeck Highway, offering 228 feet of frontage on Groesbeck and 116 feet on East 10 Mile Road. The flat topography features grass and trees, providing a versatile canvas for development. All city utilities are readily available. Its strategic location just south of I-696 and close to I-94 ensures excellent accessibility and connectivity. This prime location is ideal for a wide range of industrial uses, including manufacturing, storage, warehousing, logistics, and wholesale operations. The property's assessed value is $153,640, and annual taxes are $4,602.38. The parcel's APN is 13-24-380-011. This is a rare opportunity to acquire a well-situated industrial land parcel in a high-demand area. The asking price is $225,000, representing a price per acre of $156,250.

    Property Features for 14171 10 Mile Rd

    General Information

    Property type
    Land
    Lot Size
    62,726 SF

    HighLights

    • 1.44‑acre parcel in Warren, MI's industrial corridor.
    • M‑2 Industrial zoning.
    • Dual frontage: 228' on Groesbeck Hwy, 116' on E. 10 Mile Rd.
    • Suitable for industrial or storage uses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Warren
    County
    Macomb
    State
    Michigan
    Longitude
    -82.978998
    Latitude
    42.47964

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    FAQs

    What type of property is this?
    Land - 1.44-acre M-2 zoned industrial lot
    Where is this land located?
    The property is located at 14171 10 Mile Rd Warren, MI.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: 1.44-acre parcel in Warren, MI's industrial corridor.; M-2 Industrial zoning.; Dual frontage: 228' on Groesbeck Hwy, 116' on E. 10 Mile Rd.
    Request Owner's contact information
    14171 10 Mile Rd Warren, MI 48089
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    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
    14171 10 Mile Rd Warren, MI 48089
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