11530 Stephens RdWarren, MI 48089

  • Industrial properties
  • 79,008 SF
For Lease

Property Details for 11530 Stephens Rd

Year built
1957
Property size (Sq ft)
79,008 SF
Property type
Industrial properties
Property subtype
Flex space
APN
12-98-72-011-169
APU
129872011169

Description

This multi-tenant industrial property offers 4,200 square feet of flexible space, divisible into units as small as 1,000 square feet. The property consists of three buildings on a 5.5-acre lot, featuring 18-foot ceilings, one loading dock, and ten drive-ins. Ample 480v power is available. The property is zoned M-2 Industrial - Approved Green Zone, allowing for various cannabis-related uses, including cultivation (Class A, B, and C for both medical and recreational), processing, transport, and lab operations. Caregiver suites are also permitted. The city of Warren has opted into both the MRTMA and MMFLA, with no cap on any class of growers, processors, transporters, or labs. Strategically located between I-696 and Highway 102, this property provides convenient access to the Van Dyke Avenue commercial corridor and is within a 30-minute drive of Detroit. The area offers numerous dining, recreational, and entertainment options. The entire 4,200 square feet is currently vacant and available for immediate occupancy. The property features a two-story building configuration.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $18,808,904
    Hospitality
    $17,228,856
    Educational
    $14,334,205
    Medical
    $14,827,181
    Retail
    $22,297,652
11530 Stephens Rd, Warren, Michigan

Location Insight

City
Warren
County
Macomb
State
Michigan
Latitude
42.4697
Longitude
-83.0079
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
-
-
-
-
-
-
-
-

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