2645 Warren Ave Detroit, MI 48208-1911
This exceptional 0.76-acre parcel of land, located at 2645 W Warren Ave in Detroit, Michigan, presents a unique investment opportunity. Zoned M4, this property offers significant potential for various industrial developments. Its strategic location within Core City places it in close proximity to thriving neighborhoods such as Corktown, Downtown, Midtown, and Woodbridge, benefiting from the substantial ongoing development and revitalization efforts in the area. The property is being sold "as is," with all aspects subject to buyer verification. The address is verified as 2645 W Warren Ave, Detroit, MI 48208, situated in Wayne County. The asking price for this 0.76-acre lot is $375,000. This represents a compelling opportunity for investors seeking to capitalize on the growth and potential of Detroit's industrial sector. The property is offered under standard ownership conditions. Buyers are responsible for conducting their own due diligence. This is a rare chance to acquire a well-positioned industrial land parcel in a rapidly developing area of Detroit.
ff. 5-28-2005) Sec. 50-7-4. - Industrial Districts. Industrial districts within the City are as follows: (1) M1 Limited Industrial District. (2) M2 Restricted Industrial District. (3) M3 General Industrial District. (4) M4 Intensive Industrial District. (5) M5 Special Industrial District. (Code 1984, § 61-7-4; Ord. No. 11-05, § 1(61-7-4), eff. 5-28-2005) Sec…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
M4 · Detroit, MIff. 5-28-2005) Sec. 50-7-4. - Industrial Districts. Industrial districts within the City are as follows: (1) M1 Limited Industrial District. (2) M2 Restricted Industrial District. (3) M3 General Industrial District. (4) M4 Intensive Industrial District. (5) M5 Special Industrial District. (Code 1984, § 61-7-4; Ord. No. 11-05, § 1(61-7-4), eff. 5-28-2005) Sec. 50-7-5. - Special districts. Special districts and overlay areas within the City
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.