Financial
Distress signals
Property profile

5981 Warren Ave Detroit, MI 48210

OFF-MARKET
Manufacturing properties
Property ID
US43-2069445
256,564 SF 8.23 ac lot Built 1948
Last sale Feb 2017 · $7,839,830
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional industrial warehouse property, located at 5981 West Warren Avenue in Detroit, Michigan, offers significant opportunities for businesses seeking expansive space and convenient access to major transportation routes. The former Coca-Cola manufacturing and distribution facility boasts a total building area of 266,000 square feet, with 177,344 square feet currently vacant and available for lease. Multiple tenancy options are available, with spaces ranging from a minimum of 50,000

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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.

Mortgages

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 · 2023

What does the county charge?
$25k
Tax billed · 2023
Assessed value · 2024$360k
Effective rate6.91%

Value estimate

· Sep 2026
$5.23M
$4.71M – $5.75M
Sales comparison$5.14M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$40/SF
Submarket average, outlier-cleaned · 223 recorded sales of this use type
Observed band · Q1–Q3$20 – $68

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
M4
The M4 intensive industrial district permits objectionable industrial uses, restricts new residential construction except for loft conver...
General categoryINDUSTRIAL
JurisdictionWAYNE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency49.7
Dental Office33.6
Law Firm32.9

Location

5981 Warren Ave Detroit, MI 48210-1116
County assessor Recorded deeds · 3 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

4 recorded sales · 18 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5945 Martin, Detroit, MI 48210-1650 $325,000 May 2025 25,039 SF
7411 Central, Detroit, MI 48210-1036 $90,000 Jun 2024 5,596 SF
4517 Michigan, Detroit, MI 48210-3243 $50,000 Sep 2023 2,800 SF
7601 Central, Detroit, MI 48210-1038 $1,500,000 Mar 2023 136,535 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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