24280 Mound Rd, Warren, MI 48091-5324
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
M-2 · Warren, MIWarren. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.