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    17423 9 Mile Rd Eastpointe, MI 48021

    For Sale
    $399,900

    Versatile 3,968 sq ft building, high traffic location.

    Property size:
    3,968 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional 3,968 square foot commercial property, situated at 17423 E 9 MILE in Eastpointe, Michigan, presents a remarkable investment opportunity. Located on a high-traffic street, this building boasts a substantial 0.31-acre lot with ample parking for over 20 vehicles. The property's versatile design allows for a multitude of uses, making it ideal for a wide range of businesses. The building itself could easily function as a single large space, perfect for a warehouse, bulk food store, or expansive retail operation. Alternatively, its layout is easily adaptable to accommodate three separate rental units, providing a strong potential for passive income. The multi-use commercial zoning ensures flexibility and opens doors to various possibilities, including but not limited to restaurants, automotive businesses, and more. This prime location and adaptable space offer an unparalleled chance to establish a thriving enterprise or build a robust investment portfolio. The asking price is $399,900. Buyer to verify all information.

    Property Features for 17423 9 Mile Rd

    General Information

    Property type
    Industrial properties
    Square Feet
    3,968 SF
    Lot Size
    13,504 SF

    Building Details

    Year Built
    1919
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Cardtronics Atm

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Eastpointe
    County
    Macomb
    State
    Michigan
    Longitude
    -82.94184
    Latitude
    42.46534

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    FAQs

    What type of property is this?
    Industrial property - Versatile 3,968 sq ft building, high traffic location.
    Where is this industrial property located?
    The property is located at 17423 9 Mile Rd Eastpointe, MI.
    What is the asking price?
    The asking price for this property is $399,900.
    (734) 459-4700
    Request Owner's contact information
    17423 9 Mile Rd Eastpointe, MI 48021
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    Eastpointe, MI 48021
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    17423 9 Mile Rd Eastpointe, MI 48021
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