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Financial
Distress signals
Property profile

17744 E 9 Mile Rd Eastpointe, MI 48021

FOR SALE
Other warehouses
Property ID
US43-1421480
1,440 SF 0.08 ac lot Built 1940
Last sale Feb 2023 · $100,000
Individually Owned Owner of record is an individual. 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A commercial storefront building constructed in 1940 at 17744 E 9 Mile Road in Eastpointe, Michigan (48021). The property has been fully renovated and includes a drive-through service component. It is configured and identified for potential retail, food service, and service-based uses, with commercial zoning supporting these intended uses. The site includes recent exterior improvements, including replacement of the concrete surrounding the property.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$3k
Tax billed · 2022
Assessed value · 2023$31k
Effective rate8.69%

Value estimate

· Oct 2026
$105k
$95k – $116k
NOI build-up
Gross scheduled income$29k
Vacancy & credit loss−$3k
Operating expenses−$6k
NOI · 4.72% cap applied$19k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$67/SF
County average, outlier-cleaned · 39 recorded sales of this use type
Observed band · Q1–Q3$22 – $126
Qualifying comparables3

Cap rate analysis

How does the asset earn?
4.72%
$19k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
B-3
JurisdictionMACOMB

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency23.5
Parking Facility13.5
Cafe & Coffee Shop11.0

Location

17744 E 9 Mile Rd Eastpointe, MI 48021
County assessor Recorded deeds · 3 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
16811 Stephens, Eastpointe, MI 48021-1704 $200,000 Dec 2025 4,744 SF
16540 9th Mile, Eastpointe, MI 48021-2401 $72,000 Nov 2021 1,000 SF
17331 Stephens, Eastpointe, MI 48021-1766 $150,000 Jul 2020 4,436 SF
16809 9th Mile, Eastpointe, MI 48021-2446 $140,000 Jan 2020 4,278 SF
15825 10th Mile, Eastpointe, MI 48021-1119 $72,500 Dec 2019 2,280 SF
23454 Gratiot, Eastpointe, MI 48021-1645 $103,500 Sep 2019 4,198 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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