Technical
Financial
Distress signals
Property profile

15005 8th Mile Rd Eastpointe, MI 48021

OFF-MARKET
Commercial real estate
Property ID
US43-1435264
7,058 SF 0.7 ac lot Built 1959
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1959
Total area 7,058 SF
Lot 0.7 ac (30,623 SF)
Zoning code B-1
APN 02-14-31-352-015
UPID US43-1435264

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Mobile Phone Store Electronics & Wireless Store
  • Restaurant
  • Electronics & Wireless Store

Location

15005 8th Mile Rd Eastpointe, MI 48021-2862
Eastpointe metro Census 258800 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$585k
Blend (final) Blend
$305k

Owner & transaction history

Zoning & alternative use

B-1 · Eastpointe, MI
Top alternative use upside
Medical building $865,000 +19.5%

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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