- For Sale Contact for pricing
- Property Type VacantLand
- Lot Size 19 Acre
- Date Updated Nov 21, 2025
Description
Warren, MI is one of Michigan's largest suburbs, known for its dynamic vibe and known for its strong industrial roots and vibrant community. Its strategic location and accessibility to major transportation routes further enhance its appeal for businesses and investors. Warren's blend of urban amenities, cultural attractions, and a skilled workforce make it an ideal setting for businesses seeking growth and success in a dynamic environment.Redevelopment opportunity with this prime property located in the thriving Warren area. Zoned R-1-P, this versatile parcel presents an ideal prospect for multifamily development. Its strategic location in the heart of Warren makes it a choice investment for savvy investors seeking to capitalize on the demand for multifamily residences.
Highlights
- 19-Acre Redevelopment Site | R-1-P Zoning with Approved Multifamily Plan
- 312 Units with Preliminary Site Plan Approval with a Suburban Style Apartment Community Design with 3.25+/- Acres of Parks and Open Space within the Development
- Accessible Corridor – Proximity to I-696, I-75, and Major Employers
- Investment Opportunity – High-Demand Metro Detroit Multifamily Submarket
- Prime Warren Location | Strong Population Base of 345K+ Within 5 Miles
- Projected NOI at Stabilization: $4.2 Million | 7.00 % Cap Rate
- Robust Demographics: $76,877 Avg. HHI| 345,865 PPL w/in 5-Mile
- Value at Stabilization: $63.9 Million ($204K Per Unit)
- Within 15 minutes or 6.2 miles from University of Detroit Mercy Main Campus, McNichols. It is also near Oakland Community College, Royal Oak Campus and Marygrove College.
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Contacts
Simon Jonna
Colliers Birmingham (MI) - Jonna Group
Location
Located at 3127 Maple St, Warren, MI 48091, this property is part of the Fitzgerald neighborhood and Detroit market.
Contact Listing Broker
Simon Jonna
Colliers Birmingham (MI) - Jonna Group
