Financial
Distress signals
Property profile

16301 Eight Mile Rd Detroit, MI 48235

OFF-MARKET
Retail space
3,781 SF 0.54 ac lot Built 1960
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Property summary

AI-generated overview

This exceptional 3,781 square foot retail building is situated on a highly visible section of West 8 Mile Road in Detroit, Michigan, between Southfield and Greenfield Roads. Built in 1960, the single-story structure sits on a 0.54-acre lot and is currently vacant, presenting a unique opportunity for a variety of retail businesses. The property's zoning is B4-General Business District, allowing for diverse commercial uses. With ample parking and excellent street exposure on a road boasting

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

No data for this section
What does the county charge?

No tax or assessment record is on file for this parcel in the county feed.

Value estimate

· Sep 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

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

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant45.3
Building Supply43.7
Realty agency42.1

Location

16301 Eight Mile Rd Detroit, MI 48235
County assessor · not on file Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog · not on file

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
15320 Mcnichols, Detroit, MI 48235-3722 $55,000 Mar 2025 3,688 SF
12800 Mcnichols, Detroit, MI 48235-4101 $825,000 Mar 2025 3,096 SF
13144 7th Mile, Detroit, MI 48235-1337 $375,000 Jan 2025 3,600 SF
14777 7th Mile, Detroit, MI 48235-2748 $200,000 Jan 2025 3,962 SF
16244 Mcnichols, Detroit, MI 48235-3512 $68,000 Jul 2024 3,142 SF
16435 Mcnichols, Detroit, MI 48235-3355 $760,000 Jun 2024 3,488 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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