Property profile

30500 Van Dyke Ave Warren, MI 48093

FOR LEASE
Office buildings
Property ID
US43-0138410
99,608 SF 5.09 ac lot Built 1969
Individually Owned 11-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The Van Dyke Comerica Building offers exceptional office space in a centralized location with premier visibility. This Class B building, totaling 125,796 square feet, underwent renovations in 2000 and boasts a variety of suite sizes, ranging from a minimum of 804 square feet to a maximum contiguous space of 3,781 square feet. Currently, 11,046 square feet of space is available for lease, with options for both traditional and open-concept layouts. The building features abundant free surface parking, a significant advantage for employees and clients. Its strategic location offers easy access to major thoroughfares, including I-696, and is situated across the street from the GM Technical Center, providing excellent proximity to key businesses and a highly skilled workforce. The building sits on a 5.09-acre lot and is zoned UN. The asking lease rate is $15.50 per square foot, plus suite electric. Multiple tenancy options are available, making this property ideal for businesses of various sizes. The building's convenient location, ample parking, and updated finishes make it an attractive option for companies seeking high-quality office space in a desirable area. Contact us today to learn more about the available suites and schedule a viewing.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1969
Total area 99,608 SF
Lot 5.09 ac (221,720 SF)
Zoning code UN
APN 12-13-10-101-011
UPID US43-0138410

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
  • (Bike/Boat/Book/etc) Store Corporate Office
  • (Bike/Boat/Book/etc) Store Corporate Office
  • Insurance Agency
  • Bank Credit Union
  • Insurance Agency

Location

30500 Van Dyke Ave Warren, MI 48093
Warren metro Census 261100 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$6.52M
Blend (final) Blend
$6.53M

Owner & transaction history

since 2014
7 recorded transactions
2020
Price N/A
2018
Price N/A
2016
Price N/A
2014
$3.6M
2008
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

UN · Warren, MI
General category UNKNOWN
Top alternative use upside
Retail stores $10.3M +9.4%

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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