Property profile

1843 8th Mile Rd Hazel Park, MI 48030

OFF-MARKET
Warehouses
Property ID
US43-0840940
16,824 SF Built 2015
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2015
Total area 16,824 SF
APN 28-25-36-483-011
UPID US43-0840940

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
  • Pharmacy
  • Atm

Location

1843 8th Mile Rd Hazel Park, MI 48030-2639
Hazel Park metro Census 175200 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.16M
Blend (final) Blend
$1.97M

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Commercial (general) $3.0M +130.7%
Restaurant $2.9M +126.7%
Retail stores $2.8M +121.0%

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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