6703 9th Mile Rd Warren, MI 48091-2639
This 1,040 square foot industrial building sits on a 0.06-acre corner lot at the intersection of Sherwood and 9 Mile Road in Warren, Michigan. Currently vacant, the property presents a unique opportunity for a variety of commercial ventures. Its prime location offers excellent visibility and accessibility, making it ideal for businesses seeking high foot traffic. The building itself is ready for immediate occupancy and could easily accommodate a small industrial operation, a restaurant (such as a Coney Island or pizzeria), or a service-based business like an insurance agency. The possibilities are numerous, given the flexible nature of the space and its strategic placement. The property is available for purchase at $99,000. Alternatively, the building is also available for lease, offering a flexible option for businesses seeking a cost-effective entry into this thriving commercial area. The property's corner location ensures maximum exposure, attracting potential customers and clients. Serious inquiries are encouraged to explore the potential of this versatile commercial property. The building's size and layout provide a solid foundation for a variety of business models. Don't miss this chance to secure a prime location in a bustling commercial district.
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-1 · 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.