Realmo Analytics

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Property profile

15301 8th Mile Rd Eastpointe, MI 48021

OFF-MARKET
Retail space
Property ID
US43-1800037
2,412 SF 0.16 ac lot Built 1960
Last sale Sep 2025 · $195,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a freestanding retail space totaling approximately 2,695 square feet, located on 8 Mile Road in Eastpointe, Michigan. It sits within a densely populated trade area with frontage on 8 Mile Road, providing visibility for signage. The space is configured for use by retail, medical, office, or service-oriented businesses.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$6k
Tax billed · 2022
Assessed value · 2023$84k
Effective rate7.25%

Value estimate

· Nov 2026
$115k
$104k – $127k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$75/SF
ZIP average, outlier-cleaned · 67 recorded sales of this use type
Observed band · Q1–Q3$51 – $106
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
OS-1
JurisdictionMACOMB

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency34.3
Law Firm31.1
Dental Office22.9

Location

15301 8th Mile Rd Eastpointe, MI 48021-2952
County assessor Recorded deeds · 8 transfers 6 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
25000 Gratiot, Eastpointe, MI 48021-3319 $2,500,000 Jan 2026 1,708 SF
23109 Gratiot, Eastpointe, MI 48021-1628 $590,000 May 2025 2,484 SF
19394 10th Mile, Eastpointe, MI 48021-1450 $125,000 Dec 2024 2,370 SF
19136 10th Mile, Eastpointe, MI 48021-1449 $230,000 Oct 2024 3,200 SF
22035 Gratiot, Eastpointe, MI 48021-2225 $200,000 Jul 2024 1,820 SF
23043 Gratiot, Eastpointe, MI 48021-1627 $125,000 Apr 2024 1,624 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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