Property profile

17423 9th Mile Rd Eastpointe, MI 48021

OFF-MARKET
Grocery and convenience stores
Property ID
US43-1616612
3,968 SF 0.31 ac lot Built 1965
Entity Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 4,000-square-foot commercial property, located at 17423 E 9 MILE Road in Macomb County, presents a remarkable opportunity for businesses seeking a high-visibility location. Built in 1965, this single-story building sits on a 0.31-acre lot and is currently almost entirely vacant, offering 3,968 square feet of adaptable space. The property boasts a convenient 20+ space parking lot, ensuring ample parking for customers and employees. The building is zoned for commercial use, providing flexibility for a wide range of businesses. Potential uses include, but are not limited to, restaurants, automotive services, warehousing, bulk food stores, and retail shops. The property is offered with Triple Net (NNN) lease terms, making it an attractive investment opportunity. The property's location on a high-traffic street guarantees significant exposure to potential customers. The spacious layout allows for either single-tenant occupancy or division into three separate units, catering to diverse business needs. The APN is 1429355034. This is a rare chance to secure a prime commercial space in a desirable location. Don't miss this chance to establish your business in a thriving area.

Property profile

Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1965
Total area 3,968 SF
Lot 0.31 ac (13,678 SF)
Zoning code B-3
APN 02-14-29-355-034
UPID US43-1616612

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
  • Atm

Location

17423 9th Mile Rd Eastpointe, MI 48021-2558
Eastpointe metro Census 258400 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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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
$240k

Owner & transaction history

since 2025
Last sale
$280,000
2 recorded transactions
2025
$280,000
2021
$211,000

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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