23700 Van Dyke AveWarren, MI 48089

Property Details for 23700 Van Dyke Ave

Year built

1950

Lot size

0.60 AC

Property size (Sq ft)

15,762 SF

Zone code

MZ

Property type

Medical offices

Property subtype

Medical centers

APN

12-13-27-302-001

APU

121327302001

Description

This exceptional 15,762 square foot industrial building located at 23700 Van Dyke Avenue, Warren, MI, presents a remarkable opportunity for a variety of businesses. Situated on a 0.6-acre lot, the property boasts a spacious and versatile layout, perfectly suited for medical, dental, or general office operations. The building features 25 well-appointed rooms, providing ample space for various needs, complemented by 9 bathrooms for the convenience of staff and clients. Extensive parking is available with 48 spaces, ensuring easy access and ample room for visitors. Recent upgrades enhance the property's functionality and efficiency, including a newly installed fire suppression system, newer furnaces, and newer water heaters, ensuring both safety and comfort. The building's modern amenities and adaptable design make it an ideal location for businesses seeking to expand or establish a new presence in a thriving area. The asking price for this prime commercial property is $800,000. This is a rare opportunity to acquire a well-maintained, functional building in a desirable location. Don't miss out on this chance to secure your business's future.

• CAP approach

  CAP return

  Valuation

  6%

  $3,278,266

  6.5%

  $3,026,092

  7%

  $2,809,942

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,474,378

  Geo Method

  $1,474,378

• Alternative Use

  Use

  Valuation

  Residential

  $3,752,354

  Hospitality

  $3,437,136

  Educational

  $2,859,656

  Medical

  $2,958,004

  Retail

  $4,448,354

Location Insight

City

Warren

County

Macomb

State

Michigan

Latitude

42.4691

Longitude

-83.0265

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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