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Property profile & analytics

17423 9 Mile Rd Eastpointe, MI 48021

  • Grocery and convenience stores
  • 3,968 SF
  • 0.31 lot acres
Value Estimation
Last Sale
Apr 14, 2025
$280,000
Location Intelligence
Property ID
US43-1616612
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Cardtronics / Atm

Property Details for 17423 9 Mile Rd

Year built
1965
Lot size
0.31 lot acres
Property size
3,968 SF
Zone code
B-3
Property type
Grocery and convenience stores
APN
02-14-29-355-034
APU
21429355034

Description

This exceptional 4,000-square-foot commercial property, located at 17423 E 9 MILE Road in Macomb County, presents a remarkable opportunity for businesses seeking a high-visibility location. Built in 1965, this single-story building sits on a 0.31-acre lot and is currently almost entirely vacant, offering 3,968 square feet of adaptable space. The property boasts a convenient 20+ space parking lot, ensuring ample parking for customers and employees. The building is zoned for commercial use, providing flexibility for a wide range of businesses. Potential uses include, but are not limited to, restaurants, automotive services, warehousing, bulk food stores, and retail shops. The property is offered with Triple Net (NNN) lease terms, making it an attractive investment opportunity. The property's location on a high-traffic street guarantees significant exposure to potential customers. The spacious layout allows for either single-tenant occupancy or division into three separate units, catering to diverse business needs. The APN is 1429355034. This is a rare chance to secure a prime commercial space in a desirable location. Don't miss this chance to establish your business in a thriving area.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $240,000
  • CAP approach

    CAP return
    Estimation
    6%
    $260,000
    6.5%
    $235,000
    7%
    $235,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $230,000
    Geo Method
    $265,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $260,000
    Retail
    $230,000
    Mixed-Use
    $265,000
    Hospitality
    $200,000
    Educational
    $245,000
    Residential Income
    $245,000
    Energy
    $265,000
    Income-Based Land
    $230,000
    Food Service
    $240,000

Location Insight

  • Map
  • Local Demand
City
Eastpointe
County
Macomb
State
Michigan
Longitude
-82.9419
Latitude
42.4653
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$10,181
$0.00
$0.00
$135,800
-
$0.00
$0.00
$271,600
More about this property
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