21221 8 Mile Rd W Detroit, MI 48219
For Sale
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This single-tenant retail property, located at 21221 Eight Mile W, Detroit, MI 48219, offers 20,180 total square feet, with 16,500 square feet currently vacant. Situated on 1.33 acres of land at the intersection of 8 Mile and Lahser Road, this Class B building boasts ample parking with 61 spaces and a convenient drive-in overhead door. Constructed in 1959, the single-story structure is zoned B4 and features no elevators. The property's prime location along heavily traveled 8 Mile Road makes it ideal for a variety of uses, including discount retailers, showrooms, storage facilities, or builder supply businesses. The property's convenient access and substantial square footage present a unique opportunity for businesses seeking high visibility and ample space in the Detroit Evergreen Lahser submarket. The property's APN is 22019029.002. This is a single-tenant property.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B4 · Detroit, MIDetroit. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.