16811 Stephens Dr, Eastpointe, MI 48021-1704
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
R-1 · Eastpointe, MIEastpointe. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.