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    13401-13437 Eight Mile Rd Detroit, MI 48089

    Sponsored
    For Sale
    $855,000

    9,440 SF Flex Building, High Traffic

    Property size:
    9,440 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 9,440 square foot industrial/flex/showroom building presents a remarkable investment opportunity in Warren, Michigan. Situated on a 0.25-acre lot with high visibility on 8 Mile Road, boasting an impressive daily traffic count of 40,000 vehicles, this property offers unparalleled exposure. The building, constructed in 1950 and extensively renovated in 2019, features two buildings across two stories, encompassing three distinct units. The space includes six bay doors, a showroom, four offices, and multiple restrooms, all enhanced by modern LED lighting. A significant advantage is the inclusion of a two-bedroom apartment on the second floor, complete with a kitchen and washer/dryer connections. The property benefits from a 12-foot ceiling height, floor drains, and 220v/3-phase power, making it ideal for various uses, including retail, industrial, or automotive applications. The ample 25-space parking lot adds to its convenience. The property is zoned M1 Industrial and is offered at $855,000, with a price per square foot of $90.57. Additional equipment, such as a car hoist, air compressor, and hi-lo, may be negotiable. Land contract terms are considered. This turnkey property is easily configurable for multiple tenants or a single user, making it a versatile and attractive investment. The property's APN is 13-35-480-009 & 13-35-480-010.

    Property Features for 13401-13437 Eight Mile Rd

    General Information

    Property type
    Automotive properties
    Square Feet
    9,440 SF
    Class
    B
    Lot Size
    10,890 SF

    Building Details

    Year Built/Renovated
    1950/2019
    Buildings
    2
    Stories
    2
    Units
    3

    HighLights

    • 9,440 SF industrial/flex/showroom building
    • Move‑in ready, remodeled space
    • Second‑story apartment with full kitchen
    • High traffic count: 40,000 vehicles daily
    • 25 on‑site parking spaces
    • 12' clear height with floor drains
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Macomb
    State
    Michigan
    Longitude
    -83.0039075
    Latitude
    42.464947

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    FAQs

    What type of property is this?
    Automotive property - 9,440 SF Flex Building, High Traffic
    Where is this automotive property located?
    The property is located at 13401-13437 Eight Mile Rd Detroit, MI.
    What is the asking price?
    The asking price for this property is $855,000.
    What are key features of this property?
    This property features: 9,440 SF industrial/flex/showroom building; Move-in ready, remodeled space; Second-story apartment with full kitchen
    Request Owner's contact information
    13401-13437 Eight Mile Rd Detroit, 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
    13401-13437 Eight Mile Rd Detroit, MI 48089
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