Technical
Financial
Distress signals
Property profile

12433 8th Mile Rd Warren, MI 48089

OFF-MARKET
Other commercial real estate
Property ID
US43-1306424
2,000 SF 0.06 ac lot Built 1946
Individually Owned 18-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This 2,400-square-foot commercial property in Warren is located on a high-traffic roadway and has 60 feet of direct frontage. The site sits on a 0.12-acre lot and features block and concrete construction. The building includes storage space configured to support inventory management and shipping/receiving operations. The property is zoned for commercial, light industrial, retail, and warehouse use, providing flexibility for a range of business types such as mini-storage, manufacturing, retail, and service-oriented uses. Parking includes on-site assigned spaces along with street parking for employees and visitors, and the property provides access to major highways and public transportation; the immediate area includes retail and restaurant uses.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1946
Total area 2,000 SF
Lot 0.06 ac (2,439 SF)
Zoning code C-2
APN 12-13-35-386-023
UPID US43-1306424

Cap rate & NOI

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

Location

12433 8th Mile Rd Warren, MI 48089-3137
Warren metro Census 268300 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
$125k

Owner & transaction history

since 2008
2 recorded transactions
2008
Price N/A
2005
Price N/A

Zoning & alternative use

C-2 · Warren, MI
Zoning description

allowed for each business in commercial business and industrial districts zoned C -1, C-2, C-3, M-1 and M-2. Section 4A.14 (b) - Prohibited Signs: Exterior rope lighting, except temporary lighting. Chairman Sophiea said…

General category COMMERCIAL

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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