Commercial
16048 E 8 Mile Road, Detroit, MI 48205
For Sale
New
$50,000
The property fronts E. Eight Mile Road in Detroit.
Property Size1,386 SF
Price / SF$36.08
Days on Market4
Property Features for 16048 E 8 Mile Road
General Information
Standard status
Size
Property subtype
Zoning
Site & Location
Neighborhood
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
XPI Realty
Listed By:
Osama Kaid · License MI #6501442356
(313) 502-1118
Source:
Homeflexrealty
Added: Nov 10
Changed: Nov 11
Last Checked: Nov 13 at 1:01PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of XPI Realty
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Investment Insights
Based on property information with market context.
This commercial storefront contains 1,386 square feet and was built in 1974. It is located at 16048 E. Eight Mile Road in Detroit, Michigan.
Key Highlights
- 1,386‑square‑foot storefront
- Built in 1974
- Located at 16048 E. Eight Mile Road, Detroit, MI 48205
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
464
Businesses Nearby
70k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 43%
Shops & Services 37%
Apparel 20%
McDonald's
Dining
17,931 visits/mo
0.2 miles
Family Dollar
Shops & Services
10,202 visits/mo
0.4 miles
BP
Shops & Services
8,076 visits/mo
0.2 miles
Popeyes Louisiana Kitchen
Dining
7,629 visits/mo
0.2 miles
Dollar General
Shops & Services
4,700 visits/mo
0.3 miles
Demographics for 48205, MI
34,056
Population
17,102
Households
2
Avg Household Size
32
Median Age
9%
College-Educated
85%
High-School Grad
6.4 sq mi
ZIP Area
5,321
Density / Sq Mi
$40,612
Median Household Income
$30,833
Median Earnings
$1,149
Median Rent
$55,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Storefront properties in Detroit, MI
Properties on Market for Storefront properties in Detroit
Vacancy Rate% for Retail in Detroit, MI
Frequently Asked Questions
What type of property is this?
Storefront property - The property fronts E. Eight Mile Road in Detroit.
Where is this storefront property located?
The property is located at 16048 E 8 Mile Road Detroit, MI.
What is the asking price?
The asking price for this property is $50,000.
What are key features of this property?
This property features: 1,386‑square‑foot storefront; Built in 1974; Located at 16048 E. Eight Mile Road, Detroit, MI 48205
