5775 10th Mile Rd Warren, MI 48091-1590
This exceptional 88,857-square-foot warehouse, located at 5775 E. Ten Mile Rd in Warren, Michigan, presents a compelling value-add investment opportunity. Situated on an 8.2-acre lot, this single-story building boasts 30'-33' ceiling heights, providing ample space for various industrial uses. Built in 1956 and renovated in 1996, the property is zoned M-2 and offers 53 parking spaces. Currently vacant, this property presents a blank canvas for redevelopment or repositioning. The property's history includes a long-term tenant, Paragon Technologies, which operated from this location as their headquarters. The below-replacement cost makes this a particularly attractive investment. The absolute net lease structure minimizes landlord responsibilities, and the property's location in a desirable infill area offers significant potential for future growth and expansion. The substantial lot size also allows for potential expansion of the existing building. This is a rare opportunity to acquire a significant industrial asset in a strong Michigan market. The property's address is 5775 E. Ten Mile Rd, Warren, MI 48091, with APN 12-13-20-477-020. Further details are available upon request.
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Paragon Technologies Electronics & Wireless Store Computer & Electronic Repair
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Perfection Servo General Contractor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
M-2 · Warren, MIWarren. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.