Trust Owned Property summary
A commercial building in Warren, Macomb County, Michigan that was renovated in 2020. The property contains approximately 2,055 square feet and was previously used as a retail store and a credit union. It is zoned for commercial use and is configured to support a range of tenant types, including food or retail establishments, medical practices, and service-based businesses. The building includes two bathrooms and a large on-site parking lot with ample parking spaces. It sits on a 0.26-acre lot and has a flexible interior layout.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
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…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
C-2 · Warren, MIallowed 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…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
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…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C-2 in Warren, MI.
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