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    OFF-MARKET
    Industrial properties

    23500 Mound Rd, Warren, MI 48091-2049

    Entity Owned 2-yr Hold Absentee Owner
    Property ID
    US43-4066563
    Property summary
    AI-generated overview

    This Macomb County industrial property, known as Mound Road Industrial Park, offers exceptional Class A warehouse space for lease. Two buildings are available, providing flexible options for multiple tenants. Building 3, totaling 282,894 square feet, is slated for completion in Q4 2025 and features a 36-foot ceiling height, 29 existing docks (with capacity for 33 more), two 14' x 16' drive-in doors, a 185-foot truck court, 65 trailer parking spaces, and 358 car parking spaces. A state-of-the-art ESFR sprinkler system is installed. Building 4, encompassing 480,294 square feet, is scheduled for completion in Q4 2026 and boasts a 40-foot ceiling height, 48 existing docks (with capacity for 58 more), four 14' x 16' drive-in doors, a 185-foot truck court, 125 trailer parking spaces, and 369 car parking spaces. This building also includes an ESFR sprinkler system. Both buildings offer ample power with a 4,000-amp service (expandable). The total available space across the park is 1,430,125 square feet, with a minimum divisible space of 282,894 square feet and a maximum contiguous space of 480,294 square feet. Currently, 763,188 square feet are vacant. Build-to-suit options are also available for up to approximately 800,000 square feet. Six drive-in doors are available across both buildings.

    Property profile
    Verified
    Property type Industrial properties
    Use group INDUSTRIAL (GENERAL)
    APN 12-98-72-022-111
    UPID US43-4066563
    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
    Current use
    Occupant on record · Public records
    • The Home Depot Distribution Center BDC/FDC Warehouse & Storage
    • Mound Road Industrial Park Building 2 Warehouse & Storage
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Et Warren LLC · 2 yrs held
    Et Warren LLC
    since 2024
    3 recorded transactions
    2024
    2024
    2022
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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