6500 14 Mile RdWarren, MI 48092

  • Retail properties
  • 983,373 SF
For Lease
$5.95/SF/YR View listing

Property Details for 6500 14 Mile Rd

Property size (Sq ft)
983,373 SF
Zone code
M-2
Property type
Retail properties
Property subtype
Outlet malls
APN
12-13-04-126-022
APU
121304126022

Description

This exceptional industrial property, located at 6500 14 Mile Road, presents a significant leasing opportunity. The single-tenant warehouse boasts a substantial 180,352 square feet of space, currently entirely vacant and ready for immediate occupancy. The building features a generous 38-foot clear ceiling height, providing ample vertical storage capacity. Twelve loading docks ensure efficient and streamlined operations. The warehouse is ideally suited for a variety of industrial uses, offering significant space for warehousing, distribution, or manufacturing. A sublease opportunity exists through September 30th, 2032. Approximately 7,000 square feet of existing office space is included, providing administrative support areas. The property also benefits from existing racking systems which can remain, offering immediate operational readiness. This is a rare opportunity to secure a large, well-equipped warehouse in a prime location. The property's size, dock access, and high ceilings make it an attractive option for businesses requiring significant storage and distribution capabilities. Contact us today to schedule a viewing and explore the possibilities this exceptional property offers. The entire 180,352 square feet is available for lease.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $768,614,208
    6.5%
    $709,490,048
    7%
    $658,812,224
  • Comparable approach

    Method
    Valuation
    Relative Method
    $948,765,376
    Geo Method
    $948,765,376
  • Alternative Use

    Use
    Valuation
    Residential
    $598,481,408
    Hospitality
    $548,205,760
    Educational
    $456,100,736
    Medical
    $471,786,752
    Retail
    $709,490,048

Location Insight

City
Warren
County
Macomb
State
Michigan
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
2023
-
-
-
$26,159,160
-
-
-
$52,318,320

FAQs

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