24657 Mound Rd Warren, MI 48091
- Flex space
- 7,050 SF
- 0.99 lot acres
Current Use by Public Records
- Fini-Finish Metal Finishing / Plating Service
Property Details for 24657 Mound Rd
- Year built
- 1952
- Lot size
- 0.99 lot acres
- Property size
- 7,050 SF
- Zone code
- M-2
- Property type
- Flex space
- APN
- 12-13-29-228-012
- APU
- 121329228012
Description
This exceptional 7,050-square-foot industrial property, situated on nearly one acre in Warren, Michigan's Green Zone, presents a unique opportunity for businesses seeking a versatile and strategically located space. Zoned M-2 for Medium Industrial Use, the property is suitable for manufacturing, warehousing, or a variety of commercial applications. Prospective users should verify permitted uses with the Warren Zoning Department. The building boasts a robust 1600-watt amp power supply, ideal for energy-intensive operations. Recent upgrades include a brand-new roof and water heater, minimizing maintenance costs and maximizing energy efficiency. The freshly painted exterior enhances curb appeal, while gated security access provides peace of mind. This adaptable space offers flexible sale and lease options. The sale price is $649,999, and lease options are available at $6,499 per month. This property is ready to accommodate your business needs and facilitate growth within a thriving industrial area. The property's prime location within the Green Zone makes it particularly attractive for environmentally conscious businesses and specialized industries.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $360,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $455,000
- 6.5%
- $455,000
- 7%
- $410,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $420,000
- Geo Method
- $415,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $495,000
- Retail
- $395,000
- Mixed-Use
- $375,000
- Hospitality
- $460,000
- Educational
- $465,000
- Residential Income
- $410,000
- Energy
- $490,000
- Income-Based Land
- $385,000
- Food Service
- $465,000
Location Insight
- Map
- Local Demand
- City
- Warren
- County
- Macomb
- State
- Michigan
- Longitude
- -83.0468
- Latitude
- 42.4748
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA