Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Commercial land

    14650 8th Mile Rd, Oak Park, MI 48237-3047

    0.88 ac lot
    Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US43-5119688
    Property summary
    AI-generated overview

    This exceptional 0.88-acre commercial land parcel presents a remarkable investment opportunity in Oak Park, Michigan. Located at 14650 West Eight Mile Road, this property boasts a highly desirable corner location, benefiting from exceptional visibility and accessibility. With a convenient proximity to the Lodge Freeway (within a quarter-mile), this site enjoys significant traffic exposure, estimated at 70,000 vehicles daily on Eight Mile Road. The property's industrial zoning (APN 25-31-451-006) allows for a diverse range of development possibilities, making it ideal for various commercial ventures. Adding to its appeal, the site is situated directly across from the recently constructed Forgotten Harvest facility. The asking price for this strategically positioned land is $399,000. This presents a rare chance to acquire a buildable lot in a thriving area with excellent infrastructure and high traffic volume. Don't miss this opportunity to secure a prime location for your next commercial project. The property is located in Oakland County, Michigan, with a zip code of 48237.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Lot 0.88 ac (38,333 SF)
    Zoning code LI
    APN 52-25-31-451-006
    UPID US43-5119688
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    8 Mile Development LLC · 1 yrs held
    8 Mile Development LLC
    since 2024
    Last sale
    $300,000
    4 recorded transactions
    2024
    $300,000
    2018
    $500,000
    2008
    $265,000
    1969
    Zoning & alternative use
    LI · Oak Park, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 14650 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.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message