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Financial
Distress signals
Property profile

28455 Schoenherr Rd Warren, MI 48088

FOR LEASE
Other government properties
Property ID
US43-0044654
4,243 SF 0.89 ac lot Built 1979
Last sale Oct 2023 · $700,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property located at 28455 Schoenherr Rd in Warren, Michigan is occupied by a banking tenant and is configured for bank use. The site has road frontage on Schoenherr Rd with exposure to an estimated traffic flow of more than 24,000 vehicles per day. The surrounding area includes an estimated population of 121,941 within 3 miles and 341,376 within 5 miles. The property is suitable for continued financial-institution use, potential re-leasing to another tenant, or redevelopment depending on zoning and development approvals.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$21k
Tax billed · 2022
Assessed value · 2023$307k
Effective rate6.68%

Value estimate

· Oct 2026
$725k
$653k – $798k
Submarket $/SF estimate$599k
NOI build-up
Gross scheduled income$79k
Vacancy & credit loss−$4k
Operating expenses−$22k
NOI · 1,560.03% cap applied$52k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$167/SF
County average, outlier-cleaned · 27 recorded sales of this use type
Observed band · Q1–Q3$99 – $213

Cap rate analysis

How does the asset earn?
1,560.03%
$52k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C-1
ZONE: MZ, C-1, P VARIANCES REQUESTED: Permission to Erect an 8’ high, 16’ x 35’ dumpster screen walls. ORDINANCES and REQUIREMENTS: Secti...
General categoryCOMMERCIAL
JurisdictionMACOMB

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm22.4
Realty agency22.4
Restaurant19.4

Location

28455 Schoenherr Rd Warren, MI 48088
County assessor Recorded deeds · 5 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

1 recorded sale · 15 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
14801 12th Mile, Warren, MI 48088-3821 $425,000 Apr 2021 2,204 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
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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