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    17200 10 Mile Rd Eastpointe, MI 48021

    Sponsored
    For Sale
    $2,200,000

    High-yield industrial property near major highways.

    Property size:
    40,644 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional 40,644 square foot industrial property, situated on a 1.8-acre lot in Eastpointe, Michigan, presents a compelling investment opportunity. Located at 17200 E 10 Mile, this property boasts a recently installed roof, ensuring long-term cost savings and minimal maintenance needs. Its strategic location offers easy access to major transportation arteries, including I-94 and I-696, providing seamless connectivity for both tenants and distribution networks. The property is currently occupied by a diverse mix of tenants, generating a stable income stream and minimizing vacancy risks. Ample on-site parking is available, catering to the needs of both employees and clients. The asking price for this high-potential investment is $2,200,000. This represents a significant opportunity for investors seeking a well-maintained, strategically located industrial property with a proven track record of occupancy and income generation. The property's strong tenant mix and convenient location make it an attractive investment for both seasoned and emerging investors in the commercial real estate market. The new roof significantly reduces immediate capital expenditure needs, allowing for a quicker return on investment. This is a rare opportunity to acquire a well-positioned industrial asset in a thriving market.

    Property Features for 17200 10 Mile Rd

    General Information

    Property type
    Industrial properties
    Square Feet
    40,644 SF
    Lot Size
    78,408 SF

    Building Details

    Year Built
    1929
    Property Profile Location Intelligence

    Current Use by Public Records

    Cleland Collaborative Divorce Divorce Service Eve Bend, DC Chiropractor Lisa C. Hearley, ... Occupational Therapist Tiffany Wiseman LMT Massage Therapist Qualified Credit Consulting ... Credit Counseling Service

    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
    -82.94333
    Latitude
    42.47934

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    FAQs

    What type of property is this?
    Industrial property - High-yield industrial property near major highways.
    Where is this industrial property located?
    The property is located at 17200 10 Mile Rd Eastpointe, MI.
    What is the asking price?
    The asking price for this property is $2,200,000.
    (586) 254-0900
    Request Owner's contact information
    17200 10 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
    17200 10 Mile Rd Eastpointe, MI 48021
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