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    OFF-MARKET
    Industrial properties

    24280 Mound Rd, Warren, MI 48091-5324

    4,800 SF 0.25 ac lot Built 1949
    Individually Owned Absentee Owner Free & Clear
    Property ID
    US43-0138469
    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 component for high-energy operations. This ready-to-occupy space eliminates the lengthy and often costly permitting processes associated with establishing a similar facility. The property's strategic location in Warren offers convenient access to major transportation routes, ensuring efficient logistics. The existing infrastructure and zoning make this an ideal property for a variety of cultivation-related businesses, minimizing start-up costs and maximizing return on investment. This is a rare opportunity to acquire a fully compliant and operational facility, ready for immediate use. The asking price is $430,000. Serious inquiries only.

    Property profile
    Verified
    Property type Industrial properties
    Use group INDUSTRIAL (GENERAL)
    Year built 1949
    Total area 4,800 SF
    Lot 0.25 ac (10,803 SF)
    Zoning code M-2
    APN 12-13-28-152-016
    UPID US43-0138469
    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
    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
    by Request
    Owner & transaction history
    Gillton Sims
    Gillton Sims
    since 2025
    7 recorded transactions
    2025
    2022
    $431,664
    2022
    $900,000
    2020
    2019
    $375,000
    2017
    2013
    $32,000
    Zoning & alternative use
    M-2 · Warren, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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