24200 Dequindre Rd Warren, MI 48091-3329
- Bars
- 4,077 SF
- 3.03 lot acres
Current Use by Public Records
- Bombz Bar & Eats / Bar / American Restaurant
Property Details for 24200 Dequindre Rd
- Year built
- 1975
- Lot size
- 3.03 lot acres
- Property size
- 4,077 SF
- Zone code
- M-2
- Property type
- Bars
- Property subtype
- Pubs
- APN
- 12-13-30-151-009
- APU
- 121330151009
Description
This exceptional 4,678 square foot industrial property, located at 24200 Dequindre Road in Warren, Michigan, presents a compelling investment opportunity. Situated on a sizable 3.03-acre lot, the property boasts ample parking, a significant advantage for various commercial uses. The building's previous use as the Bombz Bar & Eats Restaurant offers a unique canvas for revitalization or redevelopment. Its strategic location offers easy access to key transportation routes and is conveniently situated near Hazel Park High School, the Amazon Distribution center, and the FCA Warren Stamping Plant, ensuring high visibility and convenient access for employees and customers. The property's proximity to these established businesses provides significant potential for attracting a diverse clientele. The building itself is ready for its next chapter, offering a substantial footprint for a variety of commercial ventures. This is a rare chance to acquire a well-positioned property with significant redevelopment potential in a thriving area. The existing liquor license is also available for purchase separately, adding further value and flexibility for prospective buyers. This property is priced at $1,200,000 and offers a strong return on investment for the right buyer. Serious inquiries are encouraged.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $355,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $335,000
- 6.5%
- $345,000
- 7%
- $365,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $375,000
- Geo Method
- $350,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $305,000
- Retail
- $375,000
- Mixed-Use
- $350,000
- Hospitality
- $300,000
- Educational
- $345,000
- Residential Income
- $330,000
- Energy
- $375,000
- Income-Based Land
- $390,000
- Food Service
- $355,000
Location Insight
- Map
- Local Demand
- City
- Warren
- County
- Macomb
- State
- Michigan
- Longitude
- -83.0832
- Latitude
- 42.4705
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA