Property profile

12434 E Eight Mile Rd Detroit, MI

FOR SALE
Retail space
Property ID
US43-Q011750
2,000 SF
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Property summary

AI-generated overview

Great opportunity to own or operate on busy 8 Mile Road. This 2, 400 sq ft block and concrete commercial building offers excellent visibility with approximately 60 feet of road frontage. Currently being used for storage for liquidation. For sale and lease! zoned for commercial, light industrial, retail, or warehouse use, the property provides flexibility for a variety of businesses. The building includes ample space for storage, inventory, or operational needs. Parking is available on-site, assigned, and on the street for customers and employees. Located near restaurants, retail stores, and other established businesses, the property benefits from steady traffic and convenient access to major roads.

Property profile

Verified
Property type Retail space
Total area 2,000 SF
UPID US43-Q011750

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

12434 E Eight Mile Rd Detroit, MI
Detroit metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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