Michigan / Warren / 48091 / 25800 - 25840 Sherwood Ave

25800 - 25840 Sherwood Ave

Q: What is the asking price for 25800 - 25840 Sherwood Ave in Warren?

The asking price for 25800 - 25840 Sherwood Ave is $9,500,000

Q: What is the building size of this Industrial property in Warren, MI?

The size of the building/unit at 25800 - 25840 Sherwood Ave in Warren is 133,332 square feet.

Q: How much land does the Warren, MI property at 25800 - 25840 Sherwood Ave include?

25800 - 25840 Sherwood Ave in Warren includes 8.950 acres of land.

Q: What kind of Industrial is the propery at 25800 - 25840 Sherwood Ave?

The property at 25800 - 25840 Sherwood Ave Warren, MI 48091 is listed as a Warehouse Industrial property.

Q: What is the population within 1 mile of 25800 - 25840 Sherwood Ave?

The population within 1 mile of 25800 - 25840 Sherwood Ave Warren, MI 48091 is 8,832 people.

Q: Who do I contact for questions about 25800 - 25840 Sherwood Ave?

You should contact the listing agent, Levi Smith, for any details regarding this commercial listing.

Warren, MI 48091

Listing ID: 295437

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Building Size: 133,332 SF

Lot Size: 8.950 AC

Land Size: 389,861 SF

Building $/SF: $71.25

Land $/SF: $24.37

Price

$9,500,000

Property Highlights

Year Built 1980

21 bay doors (16 docks) & 2,000-plus amps

Close to I-696

Owner-user or investment opportunity

Low vacancy industrial area

Description

Excellent opportunity to purchase a 133,332 SF warehouse/distribution building located in a heavy industrial area. The building is currently 75% leased. The 101,332 SF warehouse features 40 x 40' column spacing, five (5) overhead doors, sixteen (16) truckwells, heavy power, exhaust fans, sprinklers, and LED and fluorescent lighting. 62% of the warehouse's ceiling height is 26' and 38% is 16'. There is also a 32,000 SF office area (10,000 SF with a higher ceiling) and a large surface parking lot to accommodate 300 vehicles. The current tenant's lease expires in December 2023 with no option to renew. Do not contact the tenant without the landlord's permission.

Attachments & Files

newsalebrochure-OSw-p3Q.pdf

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Points of Interest & Demographic Radii

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Demographic Radii

POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.

Warren History of Industrial Properties for Sale

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Listing Demographics for 25800 - 25840 Sherwood Ave Warren, MI 48091

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		8,832	107,487	333,282
Population Median Age		42	39	38
Population by Age	0-9 Yrs	854 (9%)	12896 (11%)	38618 (11%)
	10-19 Yrs	1007 (11%)	12675 (11%)	39126 (11%)
	20-29 Yrs	1271 (14%)	15912 (14%)	54239 (16%)
	30-39 Yrs	846 (9%)	14814 (13%)	47093 (14%)
	40-49 Yrs	1172 (13%)	13309 (12%)	42859 (12%)
	50-59 Yrs	1069 (12%)	13757 (12%)	43917 (13%)
	60-69 Yrs	1371 (15%)	12761 (11%)	35888 (10%)
	70+ Yrs	1243 (14%)	11364 (10%)	31542 (9%)

Median HH Income		$43,140	$48,079	$47,739
Total Household Income	< 24K	972 (25%)	10685 (25%)	33452 (24%)
	25-49K	1200 (31%)	11486 (26%)	37633 (27%)
	50-74K	734 (19%)	8414 (19%)	25198 (18%)
	75-99K	395 (10%)	5308 (12%)	17024 (12%)
	100-199K	409 (10%)	5884 (13%)	20211 (14%)
	200K+	56 (1%)	913 (2%)	2674 (1%)

Highest Education Level	No Diploma	1174	10848	30575
	Diploma or GED	1945	25222	78320
	Some College	1774	18771	57407
	Assoc. Degree	557	6574	20547
	Bachelors Degree	632	9118	31466
	Higher Degree	401	4248	14694

Total Housing Units		3,970	46,961	155,787
--Owner-Occupied		2,153	27,178	84,621
--Renter-Occupied		1,613	15,512	51,570
Owner-Occupied Values	< 100K	902	10486	35154
	100-199K	1088	14151	38794
	200-299K	107	2035	8332
	300-399K	15	179	1375
	400-499K	0	47	239
	500K+	40	279	728

Total Working Age Population		7,282	86,910	270,613
In Work Force		4,267	53,701	172,089
Not In Work Force		3,015	33,209	98,524
Workforce Employed		3,885	49,379	157,047
Workforce Unemployed		382	4,322	14,953
Civlian Workforce		4,267	53,701	171,999
Military Workforce		0	0	89

Total Households		3,766	42,689	136,192
Family Households		1,980	25,860	78,507
Non-Family Households		1,786	16,829	57,685
Married Couple		1,171	15,892	45,305
Other Family		809	9,969	33,202
Married w/Child		385	6,130	16,476
Single Male w/Child		67	1,025	3,300
Single Female w/Child		250	3,560	12,782

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Michigan	9,938,444	-1	9,883,640	+1	10,023,423	+4	10,424,510
Wayne County	2,061,162	-12	1,820,584	-4	1,741,463	-1	1,730,000
Macomb County	788,149	+7	840,978	+5	883,020	+6	933,965
Oakland County	1,194,156	+1	1,202,362	+5	1,264,515	+7	1,350,052

Total Working Age Population:

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No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Common Questions and Answers

What is the asking price for 25800 - 25840 Sherwood Ave in Warren?

The asking price for 25800 - 25840 Sherwood Ave is $9,500,000

What is the building size of this Industrial property in Warren, MI?

The size of the building/unit at 25800 - 25840 Sherwood Ave in Warren is 133,332 square feet

How much land does the Warren, MI property at 25800 - 25840 Sherwood Ave include?

25800 - 25840 Sherwood Ave in Warren includes 8.950 acres of land

What kind of Industrial is the propery at 25800 - 25840 Sherwood Ave?

The property at 25800 - 25840 Sherwood Ave Warren, MI 48091 is listed as a Warehouse Industrial property

What is the population within 1 mile of 25800 - 25840 Sherwood Ave in Warren?

The population within 1 mile of 25800 - 25840 Sherwood Ave Warren, MI 48091 is 8,832 people.

Who do I contact for questions about 25800 - 25840 Sherwood Ave?

You should contact the listing agent, Levi Smith, for any details regarding this commercial listing.

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Closest Commercial Airports

Airport	Distance (mi)
Detroit Metropolitan Wayne County Airport (DTW)	25
Toledo Express Airport (TOL)	73
MBS International Airport (MBS)	90