Property profile

3003 8th Mile Rd Warren, MI 48091

OFF-MARKET
Retail space
Property ID
US43-5056345
3,120 SF 0.09 ac lot Built 1950
Individually Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 3,200 square foot industrial building is strategically located on 8 Mile Road in Warren, Michigan. The property sits on a 0.09-acre lot and is ideally suited for a variety of industrial uses. Its M-2 zoning provides flexibility for a range of businesses. The building itself offers ample space for operations, storage, or a combination of both. The convenient 8 Mile Road location offers excellent access to major transportation arteries, ensuring efficient logistics and convenient commutes for employees and clients. This presents a compelling investment opportunity for entrepreneurs and businesses seeking a well-positioned industrial space in a thriving area. The asking price of $175,000 makes this a highly competitive offering in the current market. Serious inquiries are encouraged to explore the potential of this property and its significant advantages. The property's size and location make it an attractive option for businesses looking to establish or expand their operations in a strategic and accessible location. This is a rare opportunity to acquire a well-situated industrial property at an attractive price point. Don't miss out on this chance to secure a valuable asset in a dynamic market.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1950
Construction CONCRETE
Total area 3,120 SF
Lot 0.09 ac (3,920 SF)
Zoning code M-2
APN 12-13-31-454-005
UPID US43-5056345

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Discount Store (Bike/Boat/Book/etc) Store

Location

3003 8th Mile Rd Warren, MI 48091-2412
Warren metro Census 263600 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$140k

Owner & transaction history

since 2025
Last sale
$165,000
7 recorded transactions
2025
$165,000
2023
Price N/A
2022
$100,000
2019
Price N/A
2014
Price N/A
2008
$187,500
2008
Price N/A

Zoning & alternative use

M-2 · Warren, MI
Zoning description

M-1 and M-2. Section 4A.14 (b) - Prohibited Signs: Exterior rope lighting, except temporary lighting. Chairman Sophiea said good evening. CITY OF WARREN ZONING BOARD OF APPEALS Minutes of August 13, 2025 Page 12 Sarah Mh…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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