Property profile

6703 9th Mile Rd Warren, MI 48091

OFF-MARKET
Retail space
Property ID
US43-1332257
1,040 SF 0.06 ac lot Built 1950
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1950
Total area 1,040 SF
Lot 0.06 ac (2,788 SF)
Zoning code M-1
APN 12-13-28-455-016
UPID US43-1332257

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
  • Building Supply Hardware & Home Improvement

Location

6703 9th Mile Rd Warren, MI 48091-2639
Warren metro Census 263200 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
$80k

Owner & transaction history

since 2025
3 recorded transactions
2025
Price N/A
2025
Price N/A
2023
Price N/A

Zoning & alternative use

M-1 · 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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