13300 11 Mile RdWarren, MI 48089

Property Details for 13300 11 Mile Rd

Year built

1988

Lot size

0.82 AC

Property size (Sq ft)

9,355 SF

Zone code

C-1

Property type

Office properties

Property subtype

Office buildings

APN

12-13-23-226-012

APU

121323226012

Description

This exceptional 8,250-square-foot flex building, located at 13300 E 11 Mile Rd in Warren, Michigan, presents a unique opportunity for a single tenant. Built in 1989, this one-story structure sits on a generous 3.2 acres of land and boasts a 12'-6" ceiling height, ideal for various uses. The property is zoned C-1 and features one dock-high door, facilitating efficient loading and unloading. Ample parking is provided with 220 spaces available. The building's versatility is highlighted by its suitability for office, industrial, research and development, and medical office purposes. The entire 8,250 square feet is currently vacant, offering immediate occupancy for a prospective tenant. The property's parcel number (APN) is 12-13-23-226-012. Its prime location in Warren, Michigan, zip code 48089, offers excellent access to major transportation routes and a thriving business community. This is a rare opportunity to secure a substantial, versatile space with significant parking in a desirable location. The property's single-tenant occupancy ensures privacy and control.

• CAP approach

  CAP return

  Valuation

  6%

  $1,945,703

  6.5%

  $1,796,034

  7%

  $1,667,746

• Comparable approach

  Method

  Valuation

  Relative Method

  $875,067

  Geo Method

  $875,067

• Alternative Use

  Use

  Valuation

  Residential

  $2,227,082

  Hospitality

  $2,039,995

  Educational

  $1,697,252

  Medical

  $1,755,623

  Retail

  $2,640,170

Location Insight

City

Warren

County

Macomb

State

Michigan

Latitude

42.4916

Longitude

-82.9897

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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