7580 9 Mile RdWarren, MI 48091

Property Details for 7580 9 Mile Rd

Year built

2008

Lot size

0.97 AC

Property size (Sq ft)

23,136 SF

Zone code

PUD

Property type

Commercial real estate

APN

12-13-33-226-037

APU

121333226037

Description

This exceptional commercial property, 7 Star Plaza, located at 7580 E 9 Mile Rd, Warren, MI 48091, offers a rare opportunity. The building, constructed in 2009, boasts a total of 25,596 square feet and features a mix of retail, office, and special purpose spaces. Currently, a 3,900 square foot office space is available for lease within this multi-tenant building. The property is situated in a high-traffic area of Warren, Michigan, with excellent visibility from East 9 Mile Road, just west of Van Dyke Avenue. Its strategic location near major automotive assembly plants ensures high foot traffic and visibility. 7 Star Plaza is anchored by Dollar General and benefits from a strong tenant mix including Jimmy John's and Michigan Center for Physical Therapy, creating a vibrant and established commercial environment. The property's APN is 12-13-33-226-036. This is an ideal location for businesses seeking high visibility and access to a thriving commercial district. The building's traditional office subtype provides a professional and functional workspace. The property is classified as a traditional office and gym, suggesting potential for diverse uses. Don't miss this chance to secure a prominent space in a well-established center.

• CAP approach

  CAP return

  Valuation

  6%

  $5,453,540

  6.5%

  $5,034,040

  7%

  $4,674,470

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,164,140

  Geo Method

  $2,164,140

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $9,488,970

  Retail / Commercial

  $4,948,490

  Mixed-Use / Specialty

  $4,995,930

  Hospitality / Lodging

  $3,750,090

  Office

  $5,034,040

  Institutional / Educational

  $5,217,020

  Residential Income

  $6,103,910

  Multifamily

  $6,959,880

  Automotive / Energy

  $4,471,730

  Parking / Income-Based Land

  $1,478,840

  Restaurant / Food Service

  $2,737,320

  Healthcare / Senior Housing

  $5,056,490

Location Insight

City

Warren

County

Macomb

State

Michigan

Latitude

42.4625

Longitude

-83.0283

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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