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Property profile & analytics
OFF-MARKET Estimated value $1,860,000
Office buildings

17200 10th Mile Rd Eastpointe, MI 48021-3355

38,617 SF 1.8 ac lot Built 1929
Entity Owned ~ Est. High Equity
Property ID
US43-1016877
Property summary
AI-generated overview

This exceptional 40,644 square foot industrial property, situated on a 1.8-acre lot in Eastpointe, Michigan, presents a compelling investment opportunity. Located at 17200 E 10 Mile, this property boasts a recently installed roof, ensuring long-term cost savings and minimal maintenance needs. Its strategic location offers easy access to major transportation arteries, including I-94 and I-696, providing seamless connectivity for both tenants and distribution networks. The property is currently occupied by a diverse mix of tenants, generating a stable income stream and minimizing vacancy risks. Ample on-site parking is available, catering to the needs of both employees and clients. The asking price for this high-potential investment is $2,200,000. This represents a significant opportunity for investors seeking a well-maintained, strategically located industrial property with a proven track record of occupancy and income generation. The property's strong tenant mix and convenient location make it an attractive investment for both seasoned and emerging investors in the commercial real estate market. The new roof significantly reduces immediate capital expenditure needs, allowing for a quicker return on investment. This is a rare opportunity to acquire a well-positioned industrial asset in a thriving market.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1929
Construction BRICK
Total area 38,617 SF
Lot 1.8 ac (78,321 SF)
Zoning code I-1
APN 02-14-29-106-064
UPID US43-1016877
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
Current use
Occupant on record · Public records
  • Cleland Collaborative Divorce Law Firm
  • Eve Bend, DC Alternative Medicine Practice
  • Lisa C. Hearley, Cota Physician
  • Tiffany Wiseman LMT Alternative Medicine Practice Spa & Massage Center
  • Qualified Credit Consulting Services Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.18M
Comparable Approach Comparable
$2.40M
Blend (final) Blend
$1.86M
Owner & transaction history
J&n Lofts LLC
J&n Lofts LLC
since 2025
Last sale
$1.3M
7 recorded transactions
2025
$1.9M
2025
Price N/A
2022
Price N/A
2021
$1.3M
2021
Price N/A
2017
Price N/A
2017
Price N/A
Zoning & alternative use
I-1 · Eastpointe, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source code of ordinances
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