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    16811 Stephens Dr Eastpointe, MI 48021

    Sponsored
    For Sale
    $350,000

    High-visibility warehouse/office space. Excellent location.

    Property size:
    4,744 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 4,744 square foot commercial building presents a compelling investment opportunity in the thriving Eastpointe, MI market. Strategically located on a 0.24-acre lot at 16811 Stephens, this property boasts high visibility and ample parking, making it ideal for a variety of businesses. The building's versatile layout features a well-balanced mix of approximately 70% warehouse space and 30% office space, catering to diverse operational needs. Two convenient roll-up doors facilitate efficient loading and unloading, enhancing operational efficiency. The warehouse area offers approximately 10-foot ceiling height, providing ample vertical space for storage or equipment. The property is zoned B-1 Commercial, allowing for flexible usage including office, retail, or other compatible commercial ventures. Detailed floor plans are available for review, providing a comprehensive understanding of the interior layout and spatial distribution. This property's prime location, combined with its functional design and flexible zoning, makes it an attractive option for businesses seeking a well-maintained and strategically positioned commercial space in Eastpointe. The asking price for this exceptional property is $350,000.

    Property Features for 16811 Stephens Dr

    General Information

    Property type
    Industrial properties
    Square Feet
    4,744 SF
    Lot Size
    10,454 SF

    Building Details

    Year Built
    1919
    Property Profile Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -82.94928
    Latitude
    42.47246

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    FAQs

    What type of property is this?
    Industrial property - High-visibility warehouse/office space. Excellent location.
    Where is this industrial property located?
    The property is located at 16811 Stephens Dr Eastpointe, MI.
    What is the asking price?
    The asking price for this property is $350,000.
    (248) 360-2900
    Request Owner's contact information
    16811 Stephens Dr 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
    16811 Stephens Dr Eastpointe, MI 48021
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