6902 Chicago Rd, Warren, MI 48092-1686
This exceptional 70,486 square foot mixed-use property, located at 6902 Chicago Road in Warren, Michigan (48092), presents a rare investment opportunity. Built in 1938 and renovated in 1977, this two-story building sits on a substantial 6.09-acre lot and is currently configured as a 160-person behavioral health residential/outpatient facility. The property boasts attractive grounds featuring a baseball diamond, basketball court, and picnic areas, creating a unique and appealing setting. A maintenance shed is conveniently located on-site. The property is zoned "O" and benefits from its proximity to the General Motors Tech Center. The land value is calculated at $107.82 per square foot, reflecting the significant potential of this location. Note that a deed restriction is in place. The asking price for this substantial property is $7,600,000. This presents a compelling opportunity for investors seeking a large-scale property with significant redevelopment potential in a desirable location. The property's size, amenities, and strategic location near the General Motors Tech Center make it a truly unique offering.
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Shar Macomb Medical Clinic
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
MZ · 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.