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    14801 Twelve Mile Rd Warren, MI 48088

    Sponsored
    For Sale
    $799,000

    Prime Retail Site, High Traffic Area

    Property size:
    2,157 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 2,157 square foot vacant commercial property presents a unique redevelopment opportunity in Warren, Michigan. Situated on a prominent 0.48-acre corner lot at 14801 Twelve Mile Road, the property boasts convenient access to both Twelve Mile Road and Gloede Road (just west of Hayes Road). Previously utilized as a bank branch and gas station, this freestanding building is zoned C-1, allowing for a multitude of retail uses. The site's strategic location ensures high visibility and accessibility, making it ideal for businesses requiring significant street frontage and convenient drive-thru capabilities. The property's versatile layout and ample space offer significant potential for a variety of commercial ventures, including, but not limited to, retail establishments, service stations, or a combination thereof. Its history as a bank branch and gas station suggests a strong foundation for future development, capitalizing on existing infrastructure and established customer traffic patterns. The asking price for this prime commercial real estate is $799,000. This is a rare opportunity to acquire a well-positioned property in a thriving Michigan market. Don't miss out on this chance to transform this location into a successful commercial enterprise.

    Property Features for 14801 Twelve Mile Rd

    General Information

    Property type
    Automotive properties
    Square Feet
    2,157 SF
    Lot Size
    20,909 SF

    HighLights

    • Former bank branch, ideal for conversion.
    • Excellent visibility at the Northwest corner of 12 Mile & Gloede Roads (west of Hayes).
    • Convenient access from both 12 Mile and Gloede Roads.
    • Suitable for various retail uses.
    • Drive‑thru compatible.
    • Potential for gas station development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Banks

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Warren
    County
    Macomb
    State
    Michigan
    Longitude
    -82.9733605
    Latitude
    42.5089061

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    FAQs

    What type of property is this?
    Automotive property - Prime Retail Site, High Traffic Area
    Where is this automotive property located?
    The property is located at 14801 Twelve Mile Rd Warren, MI.
    What is the asking price?
    The asking price for this property is $799,000.
    What are key features of this property?
    This property features: Former bank branch, ideal for conversion.; Excellent visibility at the Northwest corner of 12 Mile & Gloede Roads (west of Hayes).; Convenient access from both 12 Mile and Gloede Roads.
    Request Owner's contact information
    14801 Twelve Mile Rd Warren, MI 48088
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    Warren, MI 48088
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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
    14801 Twelve Mile Rd Warren, MI 48088
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