Financial
Distress signals
Property profile

19148 E 10 Mile Rd Eastpointe, MI 48021

FOR SALE
Medical Office Space
View Listing
Property ID
US43-0046801
8,880 SF 0.28 ac lot Built 1957
Last sale Jun 2023 · $255,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional freestanding retail property, located at 19148 E 10 Mile Rd in Eastpointe, Michigan, presents a unique opportunity for a single tenant. Boasting a generous 8,800 square feet of space across three stories, this building is situated on a 0.27-acre lot and offers ample parking for customers and employees. The property is currently vacant, providing a blank canvas for a new business to establish its presence. Its MU1 zoning allows for a variety of commercial uses, making it…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$15k
Tax billed · 2022
Assessed value · 2023$296k
Effective rate4.98%

Value estimate

· Sep 2026
$265k
$239k – $292k
NOI build-up
Gross scheduled income$106k
Vacancy & credit loss−$13k
Operating expenses−$28k
NOI · 650,500.00% cap applied$65k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$123/SF
County average, outlier-cleaned · 122 recorded sales of this use type
Observed band · Q1–Q3$76 – $184
Qualifying comparables3

Cap rate analysis

How does the asset earn?
650,500.00%
$65k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
B-1
JurisdictionMACOMB

Location intelligence

Which uses thrive at this corner?
Best fit: Spa & Massage
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Spa & Massage13.1
Realty agency12.4
Clothing Store12.2

Location

19148 E 10 Mile Rd Eastpointe, MI 48021
County assessor Recorded deeds · 3 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
24931 Kelly, Eastpointe, MI 48021-1384 $1,175,000 Dec 2025 10,697 SF
21811 Kelly, Eastpointe, MI 48021-2704 $3,998,784 Oct 2024 16,462 SF
15921 8th Mile, Eastpointe, MI 48021-2901 $500,000 Mar 2024 8,118 SF
21331 Kelly, Eastpointe, MI 48021-3265 $800,000 Jan 2024 5,034 SF
21300 Kelly, Eastpointe, MI 48021-3232 $300,000 Mar 2021 5,948 SF
21409 Kelly, Eastpointe, MI 48021-3264 $162,500 Dec 2018 5,056 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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