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Financial
Distress signals
Property profile

23700 Van Dyke Ave Warren, MI 48089

FOR SALE
Medical Office Space
Property ID
US43-1137928
15,762 SF 0.6 ac lot Built 1950
Last sale Aug 2025 · $380,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 15,762 square foot industrial building located at 23700 Van Dyke Avenue, Warren, MI, presents a remarkable opportunity for a variety of businesses. Situated on a 0.6-acre lot, the property boasts a spacious and versatile layout, perfectly suited for medical, dental, or general office operations. The building features 25 well-appointed rooms, providing ample space for various needs, complemented by 9 bathrooms for the convenience of staff and clients. Extensive parking is…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$27k
Tax billed · 2022
Assessed value · 2023$402k
Effective rate6.69%

Value estimate

· Oct 2026
$345k
$311k – $380k
Submarket $/SF estimate$839k
NOI build-up
Gross scheduled income$257k
Vacancy & credit loss−$31k
Operating expenses−$57k
NOI · 16.15% cap applied$170k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$81/SF
Submarket average, outlier-cleaned · 27 recorded sales of this use type
Observed band · Q1–Q3$53 – $112

Cap rate analysis

How does the asset earn?
16.15%
$170k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
MZ
JurisdictionMACOMB

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency26.5
Law Firm15.0
Spa & Massage14.7

Location

23700 Van Dyke Ave Warren, MI 48089
County assessor Recorded deeds · 9 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

3 recorded sales · 18 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
13251 10th Mile, Warren, MI 48089-2050 $1,627,500 Mar 2023 16,276 SF
22741 Van Dyke, Warren, MI 48089-2357 $50,000 Feb 2023 1,180 SF
25600 Schoenherr, Warren, MI 48089-1447 $162,500 Jul 2022 3,120 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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