Retail/Medical Land
For Sale
$500,000
23050 W 8 Mile Rd, Southfield, MI 48033
3.62-acre retail and medical development site with 225 feet of frontage on 8 Mile Road.
Property SizeContact for details
Lot Size3.62 Acres
Days on Market78
Property Features for 23050 W 8 Mile Rd
General Information
Standard status
Active
Lot size
3.62 Acres
Property subtype
Land
Zoning
B3
Site & Location
Traffic Count
58,000 vehicles/day
Road Access
Yes
Listing Agency:
Thomas A. Duke Company
Listed By:
Andrew Battersby · License #6501384188
(248) 631-8085
Source:
Thomasduke
Added: Jun 23
Changed: Sep 7
Last Checked: Sep 8 at 6:46AM
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 Thomas A. Duke Company
Investment Insights
Based on property information with market context.
This 3.62-acre commercial land site is available for sale on the north side of 8 Mile Road in Southfield, Michigan. The property offers 225 feet of frontage on the main road and is positioned just west of Sam’s Club.
Over 58,000 vehicles per day pass the site. The property is zoned B3 – General Business, which permits retail, medical offices, banks, hotels, and restaurants, including restaurants with a drive-thru.
Over 58,000 vehicles per day pass the site. The property is zoned B3 – General Business, which permits retail, medical offices, banks, hotels, and restaurants, including restaurants with a drive-thru.
Key Highlights
- 3.62‑acre retail and medical development site on the north side of 8 Mile Road in Southfield, MI
- 225 ft of frontage on 8 Mile Road near Sam's Club
- Over 58,000 vehicles per day pass the site
Property Analytics
Current Use
Lease Details
58,000 VPD
Traffic count
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
263
Businesses Nearby
Explore this area
Business Placement
Demographics for 48033, MI
17,207
Population
9,198
Households
1.9
Avg Household Size
47
Median Age
33%
College-Educated
93%
High-School Grad
9.1 sq mi
ZIP Area
1,891
Density / Sq Mi
$55,599
Median Household Income
$45,192
Median Earnings
$1,242
Median Rent
$195,100
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - 3.62-acre retail and medical development site with 225 feet of frontage on 8 Mile Road.
Where is this commercial land located?
The property is located at 23050 W 8 Mile Rd Southfield, MI.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 3.62‑acre retail and medical development site on the north side of 8 Mile Road in Southfield, MI; 225 ft of frontage on 8 Mile Road near Sam's Club; Over 58,000 vehicles per day pass the site
