8 Mile RdDetroit, MI 48205
- Land
- 0.62 AC
Property Details for 8 Mile Rd
- Lot size
- 0.62 AC
- Property type
- Land
- Property subtype
- Commercial land
- APN
- 42 012 04 0166 000
- APU
- 42012040166000
Description
This exceptional 4,480-square-foot flex space, located at 13401 E 8 Mile Rd in Warren, Michigan, presents a unique opportunity for a variety of businesses. The property, situated on a 0.08-acre lot, boasts a prime location on a high-traffic thoroughfare, with approximately 40,000 cars passing daily, ensuring excellent visibility. Built in 1950 and extensively renovated in 2019, this Class B building features a spacious showroom, two bays with separate overhead doors, and office space on both the main level and upstairs. The property includes eight parking spaces and is equipped with 220-volt, 3-phase power. The convenient location offers easy access to major freeways, including I-75, I-94, and I-696, placing your business within easy reach of a large customer base. The property is zoned M1 Industrial, and its central location is surrounded by restaurants, retail establishments, and other industrial businesses. The building is a single-tenant space and is currently vacant. The property's address is 13401 E 8 Mile Rd, Warren, MI 48205, with a cross street of Schoenherr Rd. The property is located in the Groesbeck South submarket of Macomb County and has a Macomb County APN of 13-35-480-009. The building is a two-story structure. There are no elevators. The potential for combining this property with a similarly sized adjacent building offers significant expansion possibilities. This versatile space is ideal for retail, automotive, or industrial uses.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $6,429,375
- Hospitality
- $5,889,273
- Educational
- $4,899,806
- Medical
- $5,068,318
- Retail
- $7,621,920
Location Insight
- City
- Harper Woods
- County
- Wayne
- State
- Michigan
- Latitude
- 42.4504
- Longitude
- -82.9247
- 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
FAQs
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