11530 Stephens RdWarren, MI 48089
- Industrial properties
- 79,008 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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