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    Property profile & analytics

    28401 Hoover Rd Warren, MI 48093-5438

    • Medical offices
    • 3,134 SF
    • 0.29 lot acres
    OFF-MARKET
    Value Estimation
    $310,000
    Last Sale
    Jun 06, 2023
    $325,000
    Location Intelligence
    Property ID
    US43-1029413
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Pharmacy Near Me / Pharmacy
    • Ajibola G. Akingba MD / Vascular Surgeon
    • Raied M Hanna / Internist
    • Jennilyn Wetzel / Medical Clinic / Family Practice Physician
    • Michigan Compassionate Care / Internist / Medical Clinic

    Property Details for 28401 Hoover Rd

    Year built
    1970
    Lot size
    0.29 lot acres
    Property size
    3,134 SF
    Zone code
    PB
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    12-13-15-280-010
    APU
    121315280010

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $335,000

    • CAP approach

      CAP return
      Estimation
      6%
      $275,000
      6.5%
      $280,000
      7%
      $300,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $250,000
      Geo Method
      $245,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $250,000
      Retail
      $230,000
      Mixed-Use
      $280,000
      Hospitality
      $285,000
      Educational
      $220,000
      Residential Income
      $240,000
      Energy
      $295,000
      Income-Based Land
      $235,000
      Food Service
      $225,000

    Location Insight

    • Map
    • Local Demand
    City
    Warren
    County
    Macomb
    State
    Michigan
    Longitude
    -83.0072
    Latitude
    42.503
    CBSA code
    19820
    CBSA name
    DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $7,690
    $0.00
    $0.00
    $120,120
    -
    $0.00
    $0.00
    $240,240

    Comparable in this City

    • Value Estimation by Request
      6,500 SF

      28263 Hoover Rd

      MEDICAL BUILDING • 6,500 SF
      28263 Hoover Rd, Warren, MI 48093-5436
      View Details
    • Value Estimation by Request
      242,603 SF

      31800 Van Dyke Ave

      MEDICAL BUILDING • 242,603 SF
      31800 Van Dyke Ave, Warren, MI 48093-7907
      View Details
    • Value Estimation by Request
      6,840 SF

      27423 Van Dyke Ave

      MEDICAL BUILDING • 6,840 SF
      27423 Van Dyke Ave, Warren, MI 48093-2867
      View Details
    • Value Estimation
      $1,530,000
      6,496 SF

      30659 Hoover Rd

      MEDICAL BUILDING • 6,496 SF
      30659 Hoover Rd, Warren, MI 48093-6537
      View Details
    • Value Estimation
      $235,000
      1,938 SF

      27540 Hoover Rd, Unit 1

      MEDICAL BUILDING • 1,938 SF
      27540 Hoover Rd, Warren, MI 48093-4505
      View Details
    • Value Estimation
      $955,000
      7,938 SF

      11552 12th Mile Rd

      MEDICAL BUILDING • 7,938 SF
      11552 12th Mile Rd, Warren, MI 48093-2644
      View Details

    Similar Nearby for Sale

    • $1,025,000
      8,534 SF

      Medical/Office Buildings Near I-696

      Two buildings suitable for office, medical, or commercial use.
      27379-27423 Van Dyke Ave, Warren, MI 48093
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    • $495,000
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      Warren Office Building: $495,000

      Free-standing office, ideal owner-user.
      29377 Hoover Rd, Warren, MI 48093
      View Details
    • Contact for pricing
      99,608 SF

      Warren Office Building Investment

      Class A Office, 99,608 SF, 75% Occupancy
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    • $2,250,000
      41,055 SF

      Warren Commercial Property Near GM

      41,000+ sq ft building on 3.18 acres near GM Tech Center.
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    • $750,000
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      Highly Visible Corner Office Building

      Office building on corner, near I-696, ample parking.
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    • $165,000

      Turn-Key Restaurant in Warren, MI

      Fully remodeled, ready to operate fast food business.
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    Similar Nearby for Lease

    • Contact for pricing
      4,000 SF

      Hoover Road Medical Office Space

      Prime Medical Office, Macomb County
      27500 Hoover Rd, Warren, MI 48093
      View Details
    • $18 SF/Yr
      2,000 SF

      Warren Retail/Office/Medical Space Available

      2,000 SF space suitable for retail, office, or medical use.
      30655 Hoover Rd, Warren, MI 48093
      View Details
    • $11 SF/Yr
      2,222 SF

      Move-In Ready Office Suite

      Office suite available for rent near St. John’s Hospital.
      11270 13 Mile Rd, Warren, MI 48093
      View Details
    • $10 SF/Yr
      2,222 SF

      Medical Office Space Available

      Move-in ready medical suites with signage opportunities near St. John’s.
      11250 13 Mile Rd, Warren, MI 48093
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    • $18 SF/Yr
      3,543 SF

      Medical Office Space Available

      Professionally managed medical office with exam rooms and parking.
      29703 Hoover Rd, Warren, MI 48093
      View Details
    • $17 SF/Yr
      8,179 SF

      Medical/Professional Offices on Van Dyke

      Medical and professional offices available in Warren, Michigan.
      31700 Van Dyke Ave, Warren, MI 48093
      View Details
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    28401 Hoover Rd
    Warren, MI 48093-5438
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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