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Financial
Distress signals
Property profile

28241 Mound Rd Warren, MI 48092

FOR LEASE
Distribution centers
View Listing
Property ID
US43-0230101
97,326 SF 8.26 ac lot Built 1987
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 98,125-square-foot multi-tenant warehouse located at 28241 Mound Rd, Warren, MI 48092, in Macomb County. Built in 1988 and renovated in 2008, this property sits on an 8.26-acre lot and boasts a substantial 2024 estimated Net Operating Income (NOI) of $573,600. Currently 70% occupied, the building features three tenants, with the largest, Cort Furniture, occupying the majority of the space. The average remaining lease term is five years,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$122k
Tax billed · 2022
Assessed value · 2023$2.84M
Effective rate4.30%

Value estimate

· Oct 2026
$4.18M
$3.76M – $4.59M
Submarket $/SF estimate$7.45M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$67/SF
County average, outlier-cleaned · 39 recorded sales of this use type
Observed band · Q1–Q3$22 – $126

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
MZ
JurisdictionMACOMB

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency20.6
Law Firm16.5
Dental Office15.4

Location

28241 Mound Rd Warren, MI 48092
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

18 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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