17200 10th Mile Rd Eastpointe, MI 48021-3355
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.
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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
I-1 · Eastpointe, MICosts & 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.