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Property profile & analytics
FOR SALE
Retail space

24500 Dequindre Rd Warren, MI 48091

5,334 SF 1.1 ac lot Built 1960
Entity Owned 8-yr Hold Free & Clear
Property ID
US43-0113265
Property summary
AI-generated overview

This exceptional industrial property portfolio in Warren, MI, comprises three parcels totaling 2.73 acres and 118,000 square feet. Strategically located amidst significant ongoing developments, including the Avancez manufacturing center and numerous manufacturing facilities, this site benefits from high visibility and substantial daily vehicular traffic. The property's prime location offers excellent access to major transportation routes and is surrounded by established businesses, including an automotive shop, U-Haul, and large storage centers. The site is fully enclosed, providing significant liability advantages for future development. One parcel features a 5,000-square-foot commercial building on a slab foundation. This versatile property is ideal for both short-term and long-term investors, presenting a compelling opportunity to capitalize on the area's growth. Zoned commercial, it's well-suited for a variety of businesses. The combined annual property taxes are under $15,000. Land contract terms are available. The property offers the flexibility to maintain the parcels separately or combine them into a single, larger address.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1960
Total area 5,334 SF
Lot 1.1 ac (48,003 SF)
Zoning code M-2
APN 12-13-30-101-015
UPID US43-0113265
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
Current use
Occupant on record · Public records
  • UHI HP Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Warren Realty 1 LLC · 8 yrs held
Warren Realty 1 LLC
since 2018
4 recorded transactions
2018
$325,000
2013
$135,000
2012
$37,500
1969
Price N/A
Zoning & alternative use
M-2 · Warren, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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