16555 10 Mile Rd Eastpointe, MI 48021
Sajo's Plaza, located at 16555 E 10 Mile Rd, Eastpointe, MI 48021, presents a unique investment opportunity. This single-story, 23,050 square foot Class B strip center sits on a 2.256-acre lot (APN 02-14-19-483-013) and is zoned B-3. Built in 1984, the property offers ample parking and boasts excellent visibility due to its location at the intersection of E 10 Mile Rd and Gratiot Avenue. Currently, the entire 23,050 square feet is vacant, offering a blank canvas for a variety of uses. The minimum divisible space is 1,000 square feet, making it ideal for smaller businesses or a combination of tenants. Previous use included a massage spa, featuring a small waiting area and multiple built-out rooms, offering potential for a quick and easy conversion. This property is an excellent choice for investors seeking a high-traffic location in a thriving community. The property's size and location make it suitable for a variety of retail or office tenants. Interested parties should review the zoning regulations (B-3) to determine suitability for their intended use.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.