Warren, Michigan, is a prime location for investing in Industrial Properties for sale, offering a unique blend of infrastructure, education, and geography that makes it an attractive option for businesses and investors alike. Industrial Properties in Warren represent a diverse range of investments, from manufacturing and logistics to research and development, providing opportunities for various industries to thrive. With its proximity to Detroit and access to major highways like I-696 and M-53, Warren offers a strategic location for businesses looking to establish a strong presence in the region. The city's amenities, including the St. John Providence Health System headquarters and the Warren Department of Parks and Recreation, also contribute to its appeal. Additionally, Warren is home to notable institutions like the General Motors Technical Center and the United States Army Detroit Arsenal, making it an ideal location for businesses in the automotive and defense industries. With its rich history and diverse economy, Warren is a great place for business and travel, with attractions like the Warren Symphony Orchestra and the city's 24 parks.
Warren's Industrial Properties for sale offer a unique opportunity to invest in a city with a strong economic foundation. With 2 Industrial Properties available, investors can choose from a range of options to suit their needs. In addition to Industrial Properties, Warren also offers other property types, such as Warehouses, which provide ample space for storage and distribution, Land, which offers opportunities for development and growth, Apartment Buildings, which cater to the city's diverse population, and Commercial Real Estate, which supports the city's thriving business community. Each of these property types offers a unique investment opportunity, with Warren's location and infrastructure providing a solid foundation for success. Overall, Warren's Industrial Properties for sale offer a compelling investment opportunity, with the city's diverse economy, rich history, and strong infrastructure making it an attractive option for businesses and investors alike.
What is the average price per square foot for industrial properties in Warren?
The average price per square foot for industrial properties in Warren is $92 USD.
How do location and transportation access affect industrial property values?
When it comes to industrial properties for sale in Warren, Michigan, location and transportation access play a significant role in determining property values, as they directly impact the ease of doing business, logistics, and overall operational efficiency.
- Proximity to major highways like I-696, M-53, M-97, and M-102, which provide easy access to Detroit, Sterling Heights, and northern Macomb County, can increase property values, as they facilitate the transportation of goods and services.
- The availability of industrial parks, such as those in Southeast Warren, can also drive up property values, as they offer a concentration of industrial activities, infrastructure, and a skilled workforce.
- In Warren, where the average price per square foot is $92 USD and the average size of industrial properties is 24,285 square feet, with some properties spanning up to 232,717 square feet, location and transportation access can significantly impact the overall value of an industrial property, with properties in prime locations commanding higher prices and cap rates, such as an average cap rate of 5.71%.
With 2 industrial properties currently available for sale in Warren, understanding the impact of location and transportation access on property values is crucial for investors, business owners, and developers looking to capitalize on the city's strong industrial sector.
