12901 Stephens Rd, Warren, MI 48089-4333
- Flex space
- 45,590 SF
- 4.59 lot acres
Current Use by Public Records
- American Brick Company / Industrial Manufacturer / Production Facility
- Vertical Technologies / Industrial Manufacturer / Production Facility
Property Details for 12901 Stephens Rd
- Year built
- 1964
- Lot size
- 4.59 lot acres
- Zone code
- M-3
- Property type
- Flex space
- APN
- 12-13-26-251-024
- APU
- 121326251024
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| May 15, 2025 | — | 12901 Stephens Rd LLC | — | Deed · related | $2.1M · Capitol National Bank |
| Dec 26, 2024 | $2,750,000 | 12901 Stephens Rd LLC | Vertical Manufacturing LLC | Warranty Deed | — |
| Nov 5, 2021 | — | Vertical Manufacturing LLC | — | Deed · related | $1.6M · Pnc Bank NA |
| Mar 28, 2018 | — | Vertical Manufacturing LLC | — | Deed · related | $1.2M · Pnc Bank NA |
| Jun 10, 2013 | $750,000 | Vertical Manufacturing LLC | Holman,lawrence R | Warranty Deed | $600k · Pnc Bk/nj |
| Jul 21, 2004 | $1,100,000 | Lawrence R Holman | Comerica Bank | Grant Deed | $863k · Bank One NA |
| May 5, 2004 | $1,046,978 | Comerica Bank | Ring Technologies INC | Quit Claim Deed · related | — |
Description
This exceptional 45,504-square-foot industrial property, located at 12901 Stephens Rd in Warren, Michigan, presents a compelling investment opportunity. Priced at $3,425,000 ($75.26/sq ft), this warehouse and manufacturing facility sits on a generous 4.92-acre lot, offering ample space for expansion. Built in 1964 and zoned for Manufacturing M-3, the building boasts significant upgrades completed within the last two to three years. These improvements include a new LED lighting system and a Durolast roof, ensuring energy efficiency and long-term durability. The property features large bay areas ideal for various industrial uses and substantial heavy power capacity. The interior includes a well-appointed office space with extensive built-in features and an open area, providing versatile workspace options. This property's combination of size, location in Macomb County, recent upgrades, and expansive lot size makes it an attractive option for businesses seeking a functional and expandable industrial space in the Warren, MI (48089) area. The property's strategic location offers easy access to major transportation routes, further enhancing its appeal.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $3,367,000
- AI Estimate
- $3,367,000
Market price range: $1.58M - $4.57MMarket price range: $1.58M - $4.57M -
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $3,025,000 Current use
- OFFICE BUILDING
- $4,325,000 Change: +43% Conversion: Difficult
- RESTAURANT
- $3,940,000 Change: +30% Conversion: Difficult
- MEDICAL BUILDING
- $3,680,000 Change: +22% Conversion: Difficult
- RETAIL STORES
- $3,615,000 Change: +20% Conversion: Moderate
- AUTO REPAIR, GARAGE
- $3,145,000 Change: +4% Conversion: Easy
- WAREHOUSE, STORAGE
- $3,075,000 Change: +2% Conversion: Easy
- COMMERCIAL (GENERAL)
- $2,970,000 Change: -2% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Warren
- County
- Macomb
- State
- Michigan
- Longitude
- -82.9937
- Latitude
- 42.472
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
