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Financial
Distress signals
Property profile

24280 Mound Rd Warren, MI 48091

FOR SALE
Industrial properties
Property ID
US43-0138469
4,800 SF 0.25 ac lot Built 1949
Last sale Aug 2022 · $431,664
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 4,800 square foot industrial building, located at 24280 Mound Road in Warren, Michigan, presents a unique investment opportunity. Situated on a 0.25-acre lot, the property is zoned M-2, fully compliant with all city and state regulations for cultivation facilities. Its history as a previously approved Green Zone grow operation provides a significant advantage for prospective buyers seeking a turnkey solution. The building boasts 3-phase power, a critical infrastructure…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$9k
Tax billed · 2022
Assessed value · 2023$113k
Effective rate8.13%

Value estimate

· Oct 2026
$430k
$387k – $473k
NOI build-up
Gross scheduled income$37k
Vacancy & credit loss−$2k
Operating expenses−$11k
NOI · 7.07% cap applied$25k

Realmo valuation models over county records and 13 qualifying comparable sales.

Recently sold

What actually traded nearby?
$52/SF
ZIP average, outlier-cleaned · 54 recorded sales of this use type
Observed band · Q1–Q3$28 – $71
Qualifying comparables13

Cap rate analysis

How does the asset earn?
7.07%
$25k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
M-2
M-1 and M-2. Section 4A.14 (b) - Prohibited Signs: Exterior rope lighting, except temporary lighting. Chairman Sophiea said good evening....
General categoryINDUSTRIAL
JurisdictionMACOMB

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency45.7
Law Firm30.6
Restaurant28.8

Location

24280 Mound Rd Warren, MI 48091
County assessor Recorded deeds · 9 transfers 13 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2029 Riggs, Warren, MI 48091-3772 $1,200,000 Dec 2025 6,000 SF
22000 Dequindre, Warren, MI 48091-5130 $115,000 May 2025 3,960 SF
24808 Thomas, Warren, MI 48091-5852 $800,000 Feb 2025 7,049 SF
25162 Mound, Warren, MI 48091-3854 $330,000 Oct 2024 4,040 SF
20800 Dequindre, Warren, MI 48091-2401 $210,000 Jan 2024 4,895 SF
2291 9th Mile, Warren, MI 48091-2112 $250,000 Dec 2023 4,480 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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