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Property profile & analytics
OFF-MARKET Estimated value $980,000
Retail space

27950 Hoover Rd Warren, MI 48093-7715

6,510 SF 0.93 ac lot Built 1995
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US43-0741741
Property summary
AI-generated overview

This exceptional 6,720-square-foot retail space is ideally situated at the southeast corner of Hoover Road and Martin Road in Warren, Michigan, offering unparalleled visibility and accessibility. Located in Macomb County, this single-tenant property presents a unique opportunity for businesses seeking a prominent location with high traffic counts. The entire 6,720 square feet is currently vacant, providing a blank canvas for a new tenant to customize the space to their exact specifications. The property's prime corner location ensures maximum exposure to potential customers, making it an attractive option for a wide range of retail businesses. The address is 27950 Hoover Road, Warren, MI 48093. This property is classified as Commercial Retail and offers a significant opportunity for businesses looking to establish a strong presence in a high-traffic area. The building's size and location make it suitable for a variety of retail concepts. Interested parties are encouraged to explore the potential of this exceptional retail space and its strategic location within a thriving community. The property is ready for immediate occupancy. Further details regarding lease terms and conditions are available upon request.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1995
Total area 6,510 SF
Lot 0.93 ac (40,598 SF)
Zoning code C-1
APN 12-13-14-301-012
UPID US43-0741741
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
  • Dollar General Discount Store
  • Western Union Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$982k
Blend (final) Blend
$980k
Owner & transaction history
Highland Ventures Real Estate LLC · 5 yrs held
Highland Ventures Real Estate LLC
since 2020
1 recorded transaction
2020
Price N/A
Zoning & alternative use
C-1 · Warren, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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