2104 11 Mile RdWarren, MI 48091

For Sale
$2,400 View listing
  • Office buildings
  • 10,439 SF

Property Details for 2104 11 Mile Rd

Year built
2002
Lot size
0.89 AC
Property size (Sq ft)
10,439 SF
Zone code
C-2
Property type
Office buildings
APN
12-13-19-101-004
APU
121319101004

Description

This exceptional property at 2104 E 11 Mile Rd, Warren, MI offers two fully-equipped, turnkey suites ideal for various businesses. Boasting a total of 10,439 square feet on a 0.89-acre lot, this one-story building provides ample space and flexibility. Suite 100 (9 rooms: 5 offices, 2 bathrooms, kitchen, waiting area) is available for $2400 per month, while Suite 700 (8 rooms: 6 offices, large divisible open area, workstation) is available for $3500 per month. Both suites feature upgraded finishes, excellent natural light, and abundant well-lit parking. The building benefits from high visibility and significant drive-by traffic on 11 Mile Road, with convenient access to I-696. Its strategic location borders Madison Heights and Warren, and is just three miles from Royal Oak. Each suite includes all utilities and CAM charges in the monthly rent, making budgeting simple and predictable. Short-term and long-term lease options are available. Exterior marquee signage is also included.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,171,160
    6.5%
    $2,004,147
    7%
    $1,860,994
  • Comparable approach

    Method
    Valuation
    Relative Method
    $976,464
    Geo Method
    $976,464
  • Alternative Use

    Use
    Valuation
    Residential
    $2,485,143
    Hospitality
    $2,276,377
    Educational
    $1,893,919
    Medical
    $1,959,054
    Retail
    $2,946,096
2104 11 Mile Rd, Warren, Michigan

Location Insight

City
Warren
County
Macomb
State
Michigan
Latitude
42.4904
Longitude
-83.0831
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$24,546
-
-
$450,470
-
-
-
$900,940

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