Property profile

23625 Van Dyke Ave Warren, MI 48089

OFF-MARKET
Specialty properties
Property ID
US43-0174729
2,112 SF 0.12 ac lot Built 1965
Entity Owned Free & Clear
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Property summary

AI-generated overview

This exceptional 2,400 square foot industrial building, located at 23625 Van Dyke in Warren, MI, presents a unique investment opportunity. Currently operating as a successful veterinary clinic for the past 20 years, the owner is retiring, offering immediate occupancy to a new owner. The property sits on a 0.12-acre lot and boasts a prime location with high traffic volume, providing excellent visibility and accessibility. Its proximity to I-696 and other major roadways ensures convenient transportation. Recent updates include a new roof, new windows, and a fully functioning HVAC system. The building's well-designed layout includes a dedicated X-ray room, surgery room, examination room, a private office, and ample parking for eight vehicles. The property's appraised value was $200,000 in 2023, significantly below the asking price of $300,000, representing substantial potential for return on investment. The current owner has reduced their working hours to less than 20 per week, demonstrating the business's strong profitability and potential for further growth under new management. This turnkey operation is ready for immediate use, making it an attractive proposition for a variety of businesses. The combination of a strong location, recent upgrades, and a proven track record makes this a compelling opportunity for a savvy investor.

Property profile

Verified
Property type Specialty properties
Use group VETERINARY, ANIMAL HOSPITAL
Year built 1965
Total area 2,112 SF
Lot 0.12 ac (5,271 SF)
Zoning code C-2
APN 12-13-28-431-026
UPID US43-0174729

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Veterinary Clinic

Location

23625 Van Dyke Ave Warren, MI 48089-1651
Warren metro Census 263200 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$190k

Owner & transaction history

since 2025
Last sale
$200,000
4 recorded transactions
2025
Price N/A
2025
Price N/A
2025
$200,000
2005
Price N/A

Zoning & alternative use

C-2 · Warren, MI
Zoning description

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…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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