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Property profile & analytics
FOR LEASE
Office buildings

30500 Van Dyke Ave Warren, MI 48093

99,608 SF 5.09 ac lot Built 1969
Individually Owned 11-yr Hold ~ Est. High Equity
Property ID
US43-0138410
Property summary
AI-generated overview

The Van Dyke Comerica Building offers exceptional office space in a centralized location with premier visibility. This Class B building, totaling 125,796 square feet, underwent renovations in 2000 and boasts a variety of suite sizes, ranging from a minimum of 804 square feet to a maximum contiguous space of 3,781 square feet. Currently, 11,046 square feet of space is available for lease, with options for both traditional and open-concept layouts. The building features abundant free surface parking, a significant advantage for employees and clients. Its strategic location offers easy access to major thoroughfares, including I-696, and is situated across the street from the GM Technical Center, providing excellent proximity to key businesses and a highly skilled workforce. The building sits on a 5.09-acre lot and is zoned UN. The asking lease rate is $15.50 per square foot, plus suite electric. Multiple tenancy options are available, making this property ideal for businesses of various sizes. The building's convenient location, ample parking, and updated finishes make it an attractive option for companies seeking high-quality office space in a desirable area. Contact us today to learn more about the available suites and schedule a viewing.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1969
Total area 99,608 SF
Lot 5.09 ac (221,720 SF)
Zoning code UN
APN 12-13-10-101-011
UPID US43-0138410
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Korvue® (Bike/Boat/Book/etc) Store Corporate Office
  • Cienet Technologies (Bike/Boat/Book/etc) Store Corporate Office
  • The Right Choice Insurance Agency Insurance Agency
  • Illinois Mutual Bank Credit Union
  • Woodward Insurance Group Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$6.52M
Blend (final) Blend
$6.53M
Owner & transaction history
Real Estate Investmen Van Dyke · 11 yrs held
Real Estate Investmen Van Dyke
since 2014
7 recorded transactions
2020
Price N/A
2018
Price N/A
2016
Price N/A
2014
$3.6M
2008
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
UN · Warren, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $10.3M +9.4%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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