17423 9 Mile Rd Eastpointe, MI 48021
- Grocery and convenience stores
- 3,968 SF
- 0.31 lot acres
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
-
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