Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    13343 10th Mile Rd Warren, MI 48089-2048
    Back to Search
    Property profile & analytics

    13343 10th Mile Rd, Warren, MI 48089-2048

    View on Map
    • Commercial land
    • 1.16 lot acres
    Off-Market
    Last Sale Sep 28, 2022
    $971,250
    Property ID
    US43-4320172
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $970,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Dunkin Donuts / Cafe & Coffee Shop
    • Dunkin' / Cafe & Coffee Shop
    • Taco Bell / Restaurant / Take-out & Catering

    Property Details for 13343 10th Mile Rd

    Lot size
    1.16 lot acres
    Zone code
    C-2
    Property type
    Commercial land
    APN
    12-13-23-476-017
    APU
    121323476017

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $970,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Warren
    County
    Macomb
    State
    Michigan
    Longitude
    -82.9892
    Latitude
    42.4787
    CBSA code
    19820
    CBSA name
    DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $7,367
    $0.00
    $0.00
    $101,060
    -
    $0.00
    $0.00
    $202,120

    Comparable in this City

    • Value Estimation by Request
      0.04 Acres

      12507 8th Mile Rd

      VACANT COMMERCIAL LAND • 0.04 Acres
      12507 8th Mile Rd, Warren, MI 48089-3222
      View Details
    • Value Estimation by Request
      0.05 Acres

      8431 8th Mile Rd

      VACANT COMMERCIAL LAND • 0.05 Acres
      8431 8th Mile Rd, Warren, MI 48089-3055
      View Details
    • Value Estimation by Request
      0.08 Acres

      21025 Van Dyke Ave

      VACANT COMMERCIAL LAND • 0.08 Acres
      21025 Van Dyke Ave, Warren, MI 48089-2948
      View Details
    • Value Estimation by Request
      0.05 Acres

      21415 Van Dyke Ave

      VACANT COMMERCIAL LAND • 0.05 Acres
      21415 Van Dyke Ave, Warren, MI 48089-2947
      View Details
    • Value Estimation by Request
      0.09 Acres

      23318 Van Dyke Ave

      VACANT COMMERCIAL LAND • 0.09 Acres
      23318 Van Dyke Ave, Warren, MI 48089-1648
      View Details
    • Value Estimation by Request
      0.04 Acres

      Van Dyke

      VACANT COMMERCIAL LAND • 0.04 Acres
      Van Dyke, Warren, MI 48089
      View Details

    Similar Nearby for Sale

    • $320,000
      1.53 Acres

      Warren Commercial Land For Sale

      1.5-acre commercial land parcel in Warren, Michigan.
      20800 Groesbeck Hwy, Warren, MI 48089
      View Details
    • Contact for pricing

      Vacant Commercial Land on Groesbeck

      Prime commercial land on Groesbeck Highway, Warren, MI.
      26260 Groesbeck Hwy, Warren, MI 48089
      View Details
    • $320,000

      Vacant Land in Warren

      1.5-acre commercial land parcel near Eight Mile Road.
      20800 Groesbeck Hwy, Warren, MI 48089
      View Details
    • $250,000

      Commercial Lot on Van Dyke

      0.72 acre commercial lot with high traffic volume.
      22600 Van Dyke Ave, Warren, MI 48089
      View Details
    • $975,000

      Warren Land with M-3 Zoning

      Land in Warren, zoned M-3, suitable for cannabis.
      11777 Nagel St, Warren, MI 48089
      View Details
    • $60,000

      Schoenherr & 9 Mile Land

      0.41-acre lot with utilities, possible industrial development.
      23350 Roseberry Ave, Warren, MI 48089
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Groesbeck Hwy Office/Industrial Space

      Office and industrial space with outdoor storage on Groesbeck Hwy.
      24595 Groesbeck Hwy, Warren, MI 48089
      View Details
    • $4,000 /Mo
      66,228 SF

      Prime Vacant Land Opportunity

      1.5-acre commercial land parcel in Warren, MI for lease.
      20800 Groesbeck Hwy, Warren, MI 48089
      View Details
    • $4,000 /Mo
      66,647 SF

      Warren Land For Rent

      1.5-acre commercial land parcel in Warren, Michigan.
      20800 Groesbeck Hwy, Warren, MI 48089
      View Details
    • Contact for pricing

      Schoenherr Road Land Available

      0.94 acres for ground lease or build to suit.
      25058 Schoenherr Rd, Warren, MI 48089
      View Details
    • Contact for pricing

      Land For Rent Warren

      Land available for rent in Warren, Michigan.
      21551 Mullin Ave, Warren, MI 48089
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    13343 10th Mile Rd
    Warren, MI 48089-2048
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    13343 10th Mile Rd, Warren, MI, 48089
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!