Property profile

16900 9th Mile Rd Eastpointe, MI 48021

OFF-MARKET
Retail space
Property ID
US43-0229595
1,802 SF 0.07 ac lot Built 1925
Individually Owned 1-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This 1,802 square foot industrial building is situated on a 0.07-acre lot at 16900 E 9 MILE in Eastpointe, MI, offering exceptional visibility due to its prime corner location on a high-traffic road. Currently priced at $129,000, the property is zoned for general business use (B-3), providing a wide range of potential applications. The building features a spacious main area of nearly 1300 square feet with impressive 14-foot ceilings, ideal for a variety of retail or commercial uses. A secondary room offers ample storage space and includes a bathroom. The property boasts updated electrical systems and retains its original, attractive tin ceiling. Ample parking is available on the side and rear of the building, ensuring convenient access for both customers and employees. The high traffic count on Nine Mile Road guarantees significant exposure for any business operating from this location. Previous plans for a boxing gym demonstrate the building's adaptability, but numerous other retail options are equally viable, including grocery stores, meat markets, tattoo parlors, auto parts stores, laundromats, gun shops, pawn shops, beauty salons, barber shops, cell phone stores, coffee shops, and restaurants. This versatile property presents a unique opportunity for entrepreneurs seeking a high-traffic location with significant potential.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1925
Total area 1,802 SF
Lot 0.07 ac (3,049 SF)
Zoning code B-3
APN 02-14-31-229-001
UPID US43-0229595

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
  • Auto Parts Store
  • Auto Parts Store

Location

16900 9th Mile Rd Eastpointe, MI 48021-2449
Eastpointe metro Census 258700 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Google Maps

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
$125k

Owner & transaction history

since 2025
5 recorded transactions
2025
Price N/A
2025
$80,000
2021
Price N/A
2014
$100,000
2004
Price N/A

Zoning & alternative use

B-3 · Eastpointe, MI

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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