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    Property profile & analytics

    21001 Groesbeck Hwy Warren, MI 48089-4917

    • Warehouses
    • 148,119 SF
    • 7.96 lot acres
    OFF-MARKET
    Value Estimation
    $140,000
    Last Sale
    Mar 14, 2023
    $125,000
    Location Intelligence
    Property ID
    US43-4199228
    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.

    Current Use by Public Records

    • Angel Cakes / Cake Shop
    • Nick's LLC / Professional Services
    • Warren Processing Center / Recycling Center

    Property Details for 21001 Groesbeck Hwy

    Year built
    1956
    Lot size
    7.96 lot acres
    Property size
    148,119 SF
    Zone code
    M-2
    Property type
    Warehouses
    Property subtype
    Self storage facilities
    APN
    12-13-35-352-013
    APU
    121335352013

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $130,000

    • CAP approach

      CAP return
      Estimation
      6%
      $165,000
      6.5%
      $175,000
      7%
      $160,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $165,000
      Geo Method
      $185,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $190,000
      Retail
      $165,000
      Mixed-Use
      $185,000
      Hospitality
      $185,000
      Educational
      $210,000
      Residential Income
      $210,000
      Energy
      $150,000
      Income-Based Land
      $185,000
      Food Service
      $160,000

    Location Insight

    • Map
    • Local Demand
    City
    Warren
    County
    Macomb
    State
    Michigan
    Longitude
    -83.0013
    Latitude
    42.4533
    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
    $92,598
    $0.00
    $0.00
    $0.00
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      35,100 SF

      26403 Groesbeck Hwy

      MINI-WAREHOUSE, STORAGE • 35,100 SF
      26403 Groesbeck Hwy, Warren, MI 48089-1539
      View Details
    • Value Estimation by Request
      960 SF

      21269 Edom Ave

      MINI-WAREHOUSE, STORAGE • 960 SF
      21269 Edom Ave, Warren, MI 48089-4908
      View Details
    • Value Estimation by Request
      28,800 SF

      13195 8th Mile Rd

      MINI-WAREHOUSE, STORAGE • 28,800 SF
      13195 8th Mile Rd, Warren, MI 48089-3276
      View Details
    • Value Estimation by Request
      78,095 SF

      21555 Mullin Ave

      MINI-WAREHOUSE, STORAGE • 78,095 SF
      21555 Mullin Ave, Warren, MI 48089-3091
      View Details
    • Value Estimation by Request
      16,937 SF

      25940 Groesbeck Hwy

      MINI-WAREHOUSE, STORAGE • 16,937 SF
      25940 Groesbeck Hwy, Warren, MI 48089-4144
      View Details
    • Value Estimation by Request
      182,800 SF

      21601 Mullin Ave

      MINI-WAREHOUSE, STORAGE • 182,800 SF
      21601 Mullin Ave, Warren, MI 48089-3008
      View Details

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    Similar Nearby for Lease

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    Warren, MI 48089-4917
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    Realmo Value Estimation

    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.

    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.

    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
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