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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

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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.
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See hot listings in Warren

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
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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.

Two-Story Church Facility
Two-Story Church Facility

34375 S Gratiot Avenue, Clinton Township, MI 48035

$2,145,000
33,000 sqft 3.21 AC lot

Flexible two-level facility with commercial kitchen infrastructure, varied room layouts, parking, and backup power generation.

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Office Building with Maintenance Garage
Office Building with Maintenance Garage

22280 E. Price Dr, Clinton Township, MI 48035

$2,600,000
30,691 sqft

The property includes a maintenance garage and carries R-3 zoning.

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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.

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Multi-Use School Building
Multi-Use School Building

14141 FORDHAM Street, Detroit, MI 48205

$275,000
34,000 sqft

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

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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.

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Office-Service Commercial Land
Office-Service Commercial Land

41628 6 Mile Road, Northville, MI 48168

$498,500
0.85 AC lot

Office Service-zoned parcel with public water, public sewer, and multiple utilities accessible at the street.

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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

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

Day care centers 2
Wedding venues 2
Churches & religious facilities 1
NNN properties 1
Schools 1

Demographics Overview

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

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)

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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