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    Property profile & analytics

    24080 Schoenherr Rd Warren, MI 48089-2124

    • Bars
    • 2,310 SF
    • 0.38 lot acres
    OFF-MARKET
    Value Estimation
    $215,000
    Last Sale
    Feb 14, 2023
    $220,000
    Location Intelligence
    Property ID
    US43-0203830
    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

    • Midway Inn Inc / Bank / Atm
    • Cardtronics ATM / Atm
    • Shenanigans irish pub / Bar
    • Midway Inn Sports Bar & Grill / Bar / Bar & Grill

    Property Details for 24080 Schoenherr Rd

    Year built
    1946
    Lot size
    0.38 lot acres
    Property size
    2,310 SF
    Zone code
    M-2
    Property type
    Bars
    Property subtype
    Pubs
    APN
    12-13-25-152-001
    APU
    121325152001

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $230,000

    • CAP approach

      CAP return
      Estimation
      6%
      $220,000
      6.5%
      $205,000
      7%
      $200,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $200,000
      Geo Method
      $200,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $195,000
      Retail
      $170,000
      Mixed-Use
      $165,000
      Hospitality
      $205,000
      Educational
      $170,000
      Residential Income
      $170,000
      Energy
      $165,000
      Income-Based Land
      $210,000
      Food Service
      $200,000

    Location Insight

    • Map
    • Local Demand
    City
    Warren
    County
    Macomb
    State
    Michigan
    Longitude
    -82.9861
    Latitude
    42.472
    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
    $7,956
    $0.00
    $0.00
    $121,390
    -
    $0.00
    $0.00
    $242,780

    Comparable in this City

    • Value Estimation by Request
      2,344 SF

      21611 Van Dyke Ave

      BAR, TAVERN • 2,344 SF
      21611 Van Dyke Ave, Warren, MI 48089-2945
      View Details
    • Value Estimation by Request
      2,344 SF

      21611 Van Dyke Ave

      BAR, TAVERN • 2,344 SF
      21611 Van Dyke Ave, Warren, MI 48089-2945
      View Details
    • Value Estimation
      $150,000
      2,652 SF

      21665 Groesbeck Hwy

      BAR, TAVERN • 2,652 SF
      21665 Groesbeck Hwy, Warren, MI 48089-4922
      View Details
    • Value Estimation by Request
      8,853 SF

      13330 10th Mile Rd

      BAR, TAVERN • 8,853 SF
      13330 10th Mile Rd, Warren, MI 48089-2049
      View Details
    • Value Estimation by Request
      3,600 SF

      26700 Schoenherr Rd

      BAR, TAVERN • 3,600 SF
      26700 Schoenherr Rd, Warren, MI 48089-5901
      View Details
    • Value Estimation
      $65,000
      1,872 SF

      23158 Van Dyke Ave

      BAR, TAVERN • 1,872 SF
      23158 Van Dyke Ave, Warren, MI 48089-1623
      View Details

    Similar Nearby for Sale

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      Rustic Bar and Restaurant For Sale

      Country bar and restaurant with liquor and lottery licenses included.
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    • $145,000
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      Prime Warren location, dual-income potential.
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    Similar Nearby for Lease

    • $2,457 /Mo

      Retail Space on E 9 Mile

      1966 SF retail space with high visibility on E 9 Mile.
      5133 E 9 Mile Rd, Warren, MI 48089
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    • New
      $4,000 /Mo
      616 SF

      Turnkey Diner/Take-Out Restaurant For Lease

      Fully operational 600 sq ft restaurant ready for its next owner.
      14693 E 8 Mile Rd, Warren, MI 48089
      View Details
    • $8 SF/Yr
      3,500 SF

      Retail Center with High Visibility

      Retail spaces available in active center with high traffic.
      13344 E 11 Mile Rd, Warren, MI 48089
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    • Contact for pricing
      1,584 SF

      Warren Retail Space For Rent

      Regional shopping center space available in Warren, Michigan.
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    • Contact for pricing
      4,918 SF

      Retail Space in Anchored Center

      Retail space available in well-located, high-visibility shopping center.
      26233-26489 Hoover Rd, Warren, MI 48089
      View Details
    • Contact for pricing
      8,500 SF

      Warren Retail Space Available

      Retail property available for lease in Warren, Michigan.
      13355 East 10 Mile Rd, Warren, MI 48089
      View Details
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    24080 Schoenherr Rd
    Warren, MI 48089-2124
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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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