Property profile

11503 8th Mile Rd Warren, MI 48089

OFF-MARKET
Warehouses
Property ID
US43-5167087
30,799 SF 3.62 ac lot Built 1980
Entity Owned 20-yr Hold Free & Clear
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Property profile

Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1980
Total area 30,799 SF
Lot 3.62 ac (157,687 SF)
Zoning code MZ
APN 12-13-34-484-015
UPID US43-5167087

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Big Box & Wholesale Store Building Supply

Location

11503 8th Mile Rd Warren, MI 48089-3138
Warren metro Census 264000 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.96M
Blend (final) Blend
$670k

Owner & transaction history

since 2006
4 recorded transactions
2006
Price N/A
2006
Price N/A
2006
$750,000
1969
Price N/A

Zoning & alternative use

MZ · Warren, MI
Top alternative use upside
Office building $2.9M +40.6%
Restaurant $2.7M +28.1%
Medical building $2.5M +19.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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