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    OFF-MARKET
    Flex space

    16811 Stephens Dr, Eastpointe, MI 48021-1704

    4,744 SF 0.23 ac lot Built 1925
    Entity Owned ~ Est. High Equity
    Property ID
    US43-4627866
    Property summary
    AI-generated overview

    This exceptional 4,744 square foot commercial building presents a compelling investment opportunity in the thriving Eastpointe, MI market. Strategically located on a 0.24-acre lot at 16811 Stephens, this property boasts high visibility and ample parking, making it ideal for a variety of businesses. The building's versatile layout features a well-balanced mix of approximately 70% warehouse space and 30% office space, catering to diverse operational needs. Two convenient roll-up doors facilitate efficient loading and unloading, enhancing operational efficiency. The warehouse area offers approximately 10-foot ceiling height, providing ample vertical space for storage or equipment. The property is zoned B-1 Commercial, allowing for flexible usage including office, retail, or other compatible commercial ventures. Detailed floor plans are available for review, providing a comprehensive understanding of the interior layout and spatial distribution. This property's prime location, combined with its functional design and flexible zoning, makes it an attractive option for businesses seeking a well-maintained and strategically positioned commercial space in Eastpointe. The asking price for this exceptional property is $350,000.

    Property profile
    Verified
    Property type Flex space
    Use group LIGHT INDUSTRIAL
    Year built 1925
    Total area 4,744 SF
    Lot 0.23 ac (10,193 SF)
    Zoning code R-1
    APN 02-14-30-281-014
    UPID US43-4627866
    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
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    City Of Eastpointe
    City Of Eastpointe
    since 2025
    Last sale
    $200,000
    5 recorded transactions
    2025
    $200,000
    2019
    $160,000
    2017
    2004
    $135,000
    1969
    Zoning & alternative use
    R-1 · Eastpointe, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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