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    OFF-MARKET Estimated value $850,000
    Flex space

    22752 Hoover Rd, Warren, MI 48089-2569

    16,725 SF 0.87 ac lot Built 1968
    Entity Owned 1-yr Hold Free & Clear
    Property ID
    US43-5093303
    Property summary
    AI-generated overview

    This exceptional 16,724-square-foot warehouse, located at 22752 Hoover Road in Warren, Michigan, presents a compelling investment opportunity. Built in 1965 and extensively renovated in 2021, the property boasts a desirable location in Macomb County, offering convenient access to major highways. The warehouse features a substantial 24-foot clear ceiling height, providing ample vertical space for various industrial uses. The property includes two loading docks and fourteen dock-high doors, ensuring efficient loading and unloading operations. Parking is readily available with 25 spaces on-site. The 0.87-acre lot provides ample room for maneuvering and potential expansion. The property is zoned MZ-Industrial, and importantly, is eligible for marijuana grow and processing operations. Access is convenient, with ingress and egress points on both Hoover Road and Globe Avenue. The asking price is $1,050,000, translating to a price per square foot of $62.78. The APN is 12-13-35-101-015. This well-maintained and strategically located warehouse is ideal for a variety of industrial businesses seeking a functional and versatile space. The recent renovations ensure the property is in excellent condition and ready for immediate occupancy.

    Property profile
    Verified
    Property type Flex space
    Use group LIGHT INDUSTRIAL
    Year built 1968
    Total area 16,725 SF
    Lot 0.87 ac (37,897 SF)
    Zoning code MZ
    APN 12-13-35-101-015
    UPID US43-5093303
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $892k
    Blend (final) Blend
    $850k
    Owner & transaction history
    Sophia Properties LLC · 1 yrs held
    Sophia Properties LLC
    since 2025
    Last sale
    $650,000
    5 recorded transactions
    2025
    2021
    $575,000
    2012
    $300,000
    1969
    1969
    Zoning & alternative use
    MZ · Warren, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Medical building $1.4M +21.7%
    Retail stores $1.3M +19.6%
    Auto repair, garage $1.2M +4.0%
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