Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

16085 8th Mile Rd Eastpointe, MI 48021

OFF-MARKET
Outlet malls
Property ID
US43-1395253
6,330 SF 0.29 ac lot Built 1969
Last sale Dec 2023 · $295,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

The property is an office building featuring a functional interior layout with an open floor plan and multiple well-sized office spaces. Additional space at the rear supports day-to-day operational needs, such as work areas and/or storage. The building is located in Eastpointe, off 8 Mile, on a corner lot, providing direct access to the surrounding area. The interior configuration is flexible for office use, with capacity both within the primary work areas and in the rear portion for practical operational functions.

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?
$8k
Tax billed · 2022
Assessed value · 2023$113k
Effective rate7.41%

Value estimate

· Nov 2026
$305k
$275k – $336k

Realmo valuation models over county records and 16 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 comparables16

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?
B-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 agency26.7
Law Firm24.0
Dental Office18.6

Location

16085 8th Mile Rd Eastpointe, MI 48021-2944
County assessor Recorded deeds · 7 transfers 16 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

4 recorded sales · 18 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
22137 Gratiot, Eastpointe, MI 48021-2260 $65,000 Apr 2024 1,440 SF
23720 Gratiot, Eastpointe, MI 48021-1647 $310,000 Dec 2021 9,040 SF
14907 9th Mile, Eastpointe, MI 48021-2147 $140,000 May 2021 3,825 SF
16025 10th Mile, Eastpointe, MI 48021-1129 $560,000 Jan 2021 13,261 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

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
You own 16085 8th Mile Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
Why this one?
Saved