13401-13437 8 Mile Rd Detroit, MI 48089
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.