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    Property profile & analytics

    18405 9th Mile Rd Eastpointe, MI 48021-1950

    • Grocery and convenience stores
    • 3,900 SF
    • 0.26 lot acres
    OFF-MARKET
    Value Estimation
    $295,000
    Last Sale
    Feb 23, 2021
    $250,000
    Location Intelligence
    Property ID
    US43-1199204
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • A&B Wines / Store
    • A & B wine shop / Convenience Store / Grocery Store
    • Athena Bitcoin ATM / Crypto Atm / Atm
    • Bitcoin of America ATM / Atm

    Property Details for 18405 9th Mile Rd

    Year built
    1963
    Lot size
    0.26 lot acres
    Property size
    3,900 SF
    Zone code
    B-3
    Property type
    Grocery and convenience stores
    APN
    02-14-29-477-033
    APU
    21429477033

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $300,000

    • CAP approach

      CAP return
      Estimation
      6%
      $265,000
      6.5%
      $300,000
      7%
      $290,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $270,000
      Geo Method
      $265,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $300,000
      Retail
      $295,000
      Mixed-Use
      $230,000
      Hospitality
      $285,000
      Educational
      $255,000
      Residential Income
      $300,000
      Energy
      $255,000
      Income-Based Land
      $235,000
      Food Service
      $315,000

    Location Insight

    • Map
    • Local Demand
    City
    Eastpointe
    County
    Macomb
    State
    Michigan
    Longitude
    -82.9303
    Latitude
    42.4656
    CBSA code
    19820
    CBSA name
    DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $10,816
    $0.00
    $0.00
    $145,200
    -
    $0.00
    $0.00
    $290,400

    Comparable in this City

    • Value Estimation
      $90,000
      1,500 SF

      17561 Stephens Dr

      GROCERY, SUPERMARKET • 1,500 SF
      17561 Stephens Dr, Eastpointe, MI 48021-1801
      View Details
    • Value Estimation by Request
      1,250 SF

      15026 9 Mile Rd

      Individual retail properties • 1,250 SF
      15026 9 Mile Rd, Eastpointe, MI 48021
      View Details
    • Value Estimation by Request
      652 SF

      15801 10th Mile Rd

      CONVENIENCE STORE • 652 SF
      15801 10th Mile Rd, Eastpointe, MI 48021-1119
      View Details
    • Value Estimation by Request
      1,960 SF

      15125 9th Mile Rd

      GROCERY, SUPERMARKET • 1,960 SF
      15125 9th Mile Rd, Eastpointe, MI 48021-3805
      View Details
    • Value Estimation by Request
      2,793 SF

      24404 Gratiot Ave

      GROCERY, SUPERMARKET • 2,793 SF
      24404 Gratiot Ave, Eastpointe, MI 48021-3307
      View Details
    • Value Estimation by Request
      40,781 SF

      18801 9th Mile Rd

      GROCERY, SUPERMARKET • 40,781 SF
      18801 9th Mile Rd, Eastpointe, MI 48021-2051
      View Details

    Similar Nearby for Sale

    • $2,130,952
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      Eastpointe Retail Building For Sale

      7,000 SF retail building in a densely populated area.
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      Eastpointe Retail Building For Sale

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    • $226,000

      Commercial Building with Extra Lot

      Commercial building for sale with potential income and expansion.
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    • $159,000

      Eastpointe Retail Investment Opportunity

      Commercial property in high-traffic area, ideal for retail.
      18228 E 9 Mile Rd, Eastpointe, MI 48021
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      Well-Maintained Commercial Property on Kelley

      2630 SF commercial property suitable for office, medical, retail.
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    • New
      $250,000
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      Eastpointe Commercial Building For Sale

      4744 SF commercial building with warehouse and office space.
      16811 Stephens Dr, Eastpointe, MI 48021
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    Similar Nearby for Lease

    • $2,000 /Mo
      1,904 SF

      Eastpointe Retail Space For Rent

      Retail space available for lease in Eastpointe, Michigan.
      16906 E 9 Mile Rd, Eastpointe, MI 48021
      View Details
    • $2,700 /Mo
      2,908 SF

      Eastpointe Retail Space For Rent

      2908 sqft retail space in the heart of Eastpointe.
      16914 E 9 Mile Rd, Eastpointe, MI 48021
      View Details
    • $1,500 /Mo

      Retail Space with Open Layout

      892 sq ft retail space with parking available for lease.
      22239 Gratiot Ave, Eastpointe, MI 48021
      View Details
    • $13 SF/Yr
      31,290 SF

      Eastpointe Retail Space For Rent

      31,290 SF retail space available for lease.
      19001 E 9 Mile Rd, Eastpointe, MI 48021
      View Details
    • $10 SF/Yr
      8,800 SF

      Eastpointe Retail Space For Lease

      8,800 SF Freestanding Retail Building
      19148 10 Mile Rd, Eastpointe, MI 48021
      View Details
    • $2,250 /Mo

      Retail Space with Open Layout

      Commercial space featuring large display windows and an open floorplan.
      22231 Gratiot Ave, Eastpointe, MI 48021
      View Details
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    Eastpointe, MI 48021-1950
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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