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Property profile & analytics
OFF-MARKET
Industrial properties

2645 Warren Ave Detroit, MI 48208-1911

0.76 ac lot
Entity Owned 14-yr Hold Absentee Owner Free & Clear
Property ID
US43-1126446
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Lot 0.76 ac (33,106 SF)
Zoning code M4
APN 10000622-3
UPID US43-1126446
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
Warren Auto Recycler INC · 14 yrs held
Warren Auto Recycler INC
since 2012
3 recorded transactions
2012
$75,000
2012
Price N/A
2012
$75,000
Zoning & alternative use
M4 · Detroit, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

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…

Zone name Intensive Industrial District
General category INDUSTRIAL
Zone area 7,991.56 ac
Source code of ordinances
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