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    Historic Farmhouse Office Building Title is generated by Realmo AI

    17526 E 10 Mile Road, Eastpointe, MI 48021

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    Claim this Listing
    For Sale
    $495,000

    COMMERCIAL - Eastpointe, MI

    Property size:
    2,725 SF
    Lot size:
    0.86 Acres
    Price / SF:
    $181/SF
    Added:
    Apr 22, 2026
    Days on Market:
    44
    Last Refresh:
    Jun 4 at 12:06 am

    Property Features for 17526 E 10 Mile Road

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Exterior features
    Fenced Yard
    Fencing
    Fenced
    Standard status
    Active
    APN
    021429126001
    Size
    2,725 SF
    Lot size
    0.86 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    9600

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1880
    Roof type
    Shingle

    We can help!

    Listing Contact
    Scott Adlhoch
    Scott Adlhoch

    Listing agent Scott Adlhoch License #6502432674

    Listing office Adlhoch & Associates, REALTORS 19515 Mack Ave, Grosse Pointe Woods, MI

    Listing date Apr 22, 2026

    MLS# 50205050

    Copyright © 2026 Multiple Listing Service MiRealSource. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Historic 1880 farmhouse on 0.87 acres
    • Currently zoned commercial/industrial and used as a nationwide laboratory for the past 20 years
    • Office‑ready layout with large kitchen and 2.5 bathrooms
    • Attached oversized 3.5‑car garage plus generator
    • Forced air heating and central air conditioning
    • Shingle roof, public water, fenced yard, and patio

    Overview

    This property is a well-maintained historic farmhouse originally built in 1880 and currently set up for office use. The home includes a large kitchen and 2.5 bathrooms, and it offers practical on-site amenities such as central air, a furnace, and a generator. An attached oversized 3.5-car garage supports storage and day-to-day operations. Outdoor space is also part of the offering, including a patio and a fenced yard.

    The site is zoned commercial/industrial. According to the provided remarks, the property has been used as a nationwide laboratory for the past 20 years, reflecting an ability to support more specialized operational needs within a distinct residential-style building.

    For buyers or tenants seeking a character-filled office setting with existing utility and outdoor features, this layout provides a straightforward option to repurpose the farmhouse interior for professional use. The commercial/industrial zoning may also support a range of office and light operational concepts, while the on-site garage, generator, and enclosed yard help reduce operational interruptions and support day-to-day workflow. The property is offered for sale and includes approximately 0.86 acres, located at 17526 E 10 Mile Road in Eastpointe, MI 48021.
    Property Profile Location Intelligence

    Current Use by Public Records

    Great Lakes Analytical ... Laboratory

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Eastpointe
    County
    Macomb
    State
    Michigan
    Longitude
    -82.940974
    Latitude
    42.479412

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    FAQs

    What type of property is this?
    Office building - Well-maintained historic farmhouse with office-ready interior, generator, and fenced outdoor space on a commercial/industrial-zoned site.
    Where is this office building located?
    The property is located at 17526 E 10 Mile Road Eastpointe, MI.
    What is the asking price?
    The asking price for this property is $495,000.
    What are key features of this property?
    This property features: Historic 1880 farmhouse on 0.87 acres; Currently zoned commercial/industrial and used as a nationwide laboratory for the past 20 years; Office‑ready layout with large kitchen and 2.5 bathrooms
    (313) 550-1181
    We can help!
    Listing Contact
    Scott Adlhoch
    Scott Adlhoch
    Real Estate License ID: 6502432674
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

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

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