24460 Dequindre RdWarren, MI 48091

For Sale
$1,000,000 View listing
  • Industrial land
  • 1.34 AC

Property Details for 24460 Dequindre Rd

Lot size
1.34 AC
Zone code
C-3
Property type
Industrial land
APN
12-13-30-101-026
APU
121330101026

Description

This exceptional industrial property portfolio in Warren, MI, presents a compelling investment opportunity. Encompassing three parcels totaling 2.73 acres and 118,000 square feet, this offering is strategically located amidst significant commercial development. The site benefits from high visibility and substantial vehicular traffic, exceeding 1,000 vehicles weekly. The property's central location is surrounded by manufacturing facilities, a newly developed manufacturing center (formerly the Hazel Park Race Track), an automotive shop, U-Haul, and large storage and distribution centers. One parcel includes a 5,000 square foot commercial building on a slab foundation. The entire property is fully enclosed, offering significant liability advantages for future development. The combined annual property taxes are under $15,000. This versatile property is suitable for both short-term and long-term investors, offering potential for immediate income generation or future development. The property's commercial zoning and high traffic volume make it ideal for a variety of businesses. The parcels can be utilized independently or combined for a larger-scale project. Land contract terms are available. This is a rare opportunity to acquire a substantial industrial property in a rapidly growing area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $13,895,754
    Hospitality
    $12,728,436
    Educational
    $10,589,909
    Medical
    $10,954,113
    Retail
    $16,473,192
24460 Dequindre Rd, Warren, Michigan

Location Insight

City
Warren
County
Macomb
State
Michigan
Latitude
42.473
Longitude
-83.0838
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
$3,576
-
-
$49,900
-
-
-
$99,800

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