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Property profile & analytics
FOR SALE
Retail space

17503 Stephens Dr Eastpointe, MI 48021

760 SF 0.05 ac lot Built 1957
Entity Owned 3-yr Hold Free & Clear
Property ID
US43-4811704
Property summary
AI-generated overview

This 760-square-foot industrial building presents a fantastic opportunity for businesses seeking a well-located and updated space in Eastpointe, Michigan. Situated on a prominent corner lot just east of Gratiot Avenue, the property boasts significant road frontage, ensuring high visibility and accessibility for customers and clients. The building itself is ready for immediate occupancy, offering a move-in-ready environment for your operations. The 0.04-acre lot provides ample space for parking and potential future expansion. Its strategic location near Gratiot Avenue offers convenient access to major transportation routes, making it an ideal location for businesses needing efficient logistics and distribution capabilities. The updated interior provides a modern and functional workspace, minimizing the need for costly renovations. This property is priced competitively at $78,000, representing an excellent value for a well-maintained industrial space in a desirable location. Don't miss this chance to establish your business in a thriving area with excellent visibility and accessibility. Contact us today to schedule a viewing.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1957
Construction CONCRETE BLOCKS
Total area 760 SF
Lot 0.05 ac (2,047 SF)
Zoning code B-3
APN 02-14-29-179-022
UPID US43-4811704
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
  • Diablo luxury group Construction Company
  • Cleats for Athletes Charitable Organization Social Service Agency
  • GINAS PRIME CUTS HAIR SALON Hair Salon
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
by Request
Owner & transaction history
First National Bank Of America · 3 yrs held
First National Bank Of America
since 2023
7 recorded transactions
2023
Price N/A
2022
Price N/A
2021
Price N/A
2019
Price N/A
2019
$35,000
2014
Price N/A
2013
Price N/A
Zoning & alternative use
B-3 · Eastpointe, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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