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    30500 Van Dyke Ave Warren, MI 48093

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    Class A Office, 99,608 SF, 75% Occupancy

    Property size:
    99,608 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This Class A, nine-story office building, totaling 99,608 rentable square feet, presents a compelling investment opportunity. Located at 30500 Van Dyke Ave, Warren, MI 48093, this stabilized property boasts a 75% occupancy rate with 33 tenants, including Comerica Bank. Built in 1970 and renovated in 2000, the building sits on a 5.09-acre lot and offers 475 parking spaces. Its prime location along Van Dyke Ave provides excellent visibility and accessibility, benefiting from high traffic counts and proximity to major roadways including I-696, I-94, and M-53. The property is zoned UN and features ample surface parking, catering to both tenants and visitors. The multi-tenant lease structure includes rent bumps, offering potential for future income growth. This property is strategically positioned in a dense commercial and residential area, bridging Macomb and Oakland Counties. The building's strong net operating income (NOI) makes it an attractive investment prospect. This is a TEN-X Auction property, with bidding open October 21-23, 2024.

    Property Features for 30500 Van Dyke Ave

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    99,608 SF
    Class
    A
    Lot Size
    221,720 SF

    Building Details

    Year Built/Renovated
    1970/2000
    Buildings
    1
    Stories
    9

    HighLights

    • Central location on Van Dyke Ave with premier visibility and high traffic counts.
    • Dense commercial and residential area, minutes from I‑696, I‑94, and M‑53.
    • Ample surface parking.
    • Situated between Macomb and Oakland Counties.
    • TEN‑X Auction: October 21‑23, 2024.
    Property Profile Location Intelligence

    Current Use by Public Records

    Korvue® Software Company Cienet Technologies Software Company The Right Choice Insurance ... Insurance Agency Illinois Mutual Financial Institution Woodward Insurance Group Insurance Agency

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Warren
    County
    Macomb
    State
    Michigan
    Longitude
    -83.0278453
    Latitude
    42.5179399

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    FAQs

    What type of property is this?
    Office Property / Space - Class A Office, 99,608 SF, 75% Occupancy
    Where is this office property / space located?
    The property is located at 30500 Van Dyke Ave Warren, MI.
    What are key features of this property?
    This property features: Central location on Van Dyke Ave with premier visibility and high traffic counts.; Dense commercial and residential area, minutes from I-696, I-94, and M-53.; Ample surface parking.
    (248) 563-0739
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    30500 Van Dyke Ave Warren, MI 48093
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    Warren, MI 48093
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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
    30500 Van Dyke Ave Warren, MI 48093
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