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    Versatile Commercial Property on 1.86 Acres
    Updated: Jan 27
    Versatile Commercial Property on 1.86 Acres

    22021 Memphis, Warren, MI 48091

    Contact for pricing
    5,000 sqft 1.86 AC lot
    1.86‑acre lot offers ample room for future expansion and outdoor programming.
    5,000 sq. ft. commercial building with flexible interior layout suitable for a variety of uses.
    Spacious main hall with newly built stage, perfect for events and performances.
    Includes two large office/training rooms, kitchen with dining area, and six updated restrooms.
    Adjacent to Groesbeck Park with picnic shelter, playground, and open green space.
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 1 Active listings in Warren, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 2 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    42,000 SF Church/School Building
    42,000 SF Church/School Building

    14142 Fordham St, Detroit, MI 48205

    $275,000
    42,000 sqft 1.64 AC lot

    Church/School building on 1.64 acres with many amenities.

    View details
    Multi-Use School Building
    Multi-Use School Building

    14141 FORDHAM Street Unit SourceFi, Detroit, MI 48205

    $275,000
    42,000 sqft

    Multi-use school facility with 18 classrooms/offices, gymnasium, dining hall, and kitchen, in need of repair.

    View details
    Public School Lease-Backed Building
    Public School Lease-Backed Building

    21800 John R Rd, Hazel Park, MI 48030

    Contact for pricing

    Public school property with 2017 roof and A/C upgrades and a recently remodeled interior under an excellent credit lease.

    View details
    Multi-Use School Building
    Multi-Use School Building

    14141 FORDHAM ST, Detroit, MI 48205

    Contact for pricing
    42,000 sqft

    School and office-style rooms with gym, kitchen, dining hall, library, and fenced paved parking for redevelopment.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Detroit Land for Residential Development
    Detroit Land for Residential Development

    2190 Philip Street, Detroit, MI 48215

    Contact for pricing
    0.07 AC lot

    Vacant land suitable for residential or community-based development.

    View details
    Office-Service Commercial Land
    Office-Service Commercial Land

    41628 6 Mile Road, Northville, MI 48168

    $498,500
    0.85 AC lot

    Office Service zoning supports professional, medical, educational, personal-service, and other commercial uses.

    View details

    Off-Market Properties in Warren, MI

    Consider similar Off-Market properties in Warren, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    8525 Cole Dr
    COLLEGE, UNIVERSITY, VOC SCHOOL

    8525 Cole Dr, Warren, MI 48093-5239

    $230,000
    Estimated value
    89,576 sqft 7.68 AC lot
    View details

    Warren, MI Schools Market Trends and Statistics

    Explore 2 schools for sale in Warren, MI on our real estate platform. These investment opportunities span a total of 5,000 square feet of properties for sale.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Churches & religious facilities 5
    NNN properties 3
    Wedding venues 3
    Schools 1

    Demographics Overview

    Population 138K
    Population Growth (5Y) +2.4%
    Median Household Income $63,705
    College Educated 19.9%

    High-Yield Neighborhoods for Investment

    Identify Warren submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    48091 $429.5K

    Taxes & Financing

    Tax Rate (average for all types) 5.65%
    Property Tax per SF $79.68 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Macomb County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Macomb County

    Retail

    Office

    Property Size Breakdown

    The majority of commercial real estate listings in Warren fall within the 25,000 to 50,000 square foot range.

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