114055-11445 Stephens Rd Warren, MI 48089
This exceptional 88,609-square-foot warehouse, situated on a 5.05-acre lot in Warren, Michigan, presents a significant opportunity. Built in 1963 and renovated in 1966, the property boasts a 17-foot clear ceiling height, providing ample vertical space for various industrial operations. The building features two interior truckwells for efficient loading and unloading, complemented by three loading doors (two 12' x 14' and one 12' x 13'). The shop area is equipped with a fire suppression system, ensuring safety and compliance. A substantial 7,200-square-foot office space is included, offering administrative areas. Ample parking is provided with a fenced lot accommodating 150 vehicles. The property benefits from heavy power, including 240 and 480-volt service, and is illuminated with fluorescent lighting. Recent improvements include a new tube radiant heating system and a 10-year-old roof in the rear of the building. The property is zoned M-2, allowing for a wide range of industrial uses. Located in Macomb County, this warehouse offers easy access to major transportation routes and a skilled workforce. The entire 88,609 square feet is currently vacant, presenting a blank canvas for a new tenant to customize.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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