Property profile

18161 8th Mile Rd Eastpointe, MI 48021

OFF-MARKET
Medical Office Space
Property ID
US43-5241159
3,825 SF 0.14 ac lot Built 1987
Entity Owned 6-yr Hold Free & Clear
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1987
Construction BRICK
Total area 3,825 SF
Lot 0.14 ac (6,011 SF)
Zoning code B-1
APN 02-14-32-477-014
UPID US43-5241159

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
  • Physician
  • Physician Medical Clinic
  • Medical Clinic
  • Physician
  • Physician Medical Clinic

Location

18161 8th Mile Rd Eastpointe, MI 48021-3219
Eastpointe metro Census 258500 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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$365k

Owner & transaction history

since 2020
Last sale
$330,000
6 recorded transactions
2020
$45,000
2017
Price N/A
2006
$330,000
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

B-1 · 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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