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    Property profile & analytics

    22001 8th Mile Rd Detroit, MI 48219-1223

    • Drug stores
    • 10,848 SF
    • 1.29 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jul 26, 2024
    Location Intelligence
    Property ID
    US43-1318149
    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

    • Drug stores

    Property Details for 22001 8th Mile Rd

    Year built
    2001
    Lot size
    1.29 lot acres
    Property size
    10,848 SF
    Zone code
    B4
    Property type
    Drug stores
    APN
    22019030.001
    APU
    22019030001

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.2594
    Latitude
    42.4427
    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
    2020
    $26,711
    $0.00
    $0.00
    $437,900
    -
    $0.00
    $0.00
    $875,800

    Comparable in this City

    • Value Estimation
      $4,710,000
      13,999 SF

      24133 Grand Riv Ave

      DRUG STORE, PHARMACY • 13,999 SF
      24133 Grand Riv Ave, Detroit, MI 48219-3014
      View Details
    • Value Estimation
      $1,785,000
      11,056 SF

      20001 7th Mile Rd

      DRUG STORE, PHARMACY • 11,056 SF
      20001 7th Mile Rd, Detroit, MI 48219-3403
      View Details
    • Value Estimation by Request
      2,094 SF

      20270 Grand Riv Ave

      DRUG STORE, PHARMACY • 2,094 SF
      20270 Grand Riv Ave, Detroit, MI 48219-3341
      View Details
    • Value Estimation by Request
      10,880 SF

      18901 8th Mile Rd

      DRUG STORE, PHARMACY • 10,880 SF
      18901 8th Mile Rd, Detroit, MI 48219-1402
      View Details
    • Value Estimation by Request
      10,987 SF

      18585 Dl St

      DRUG STORE, PHARMACY • 10,987 SF
      18585 Dl St, Detroit, MI 48219-2241
      View Details
    • Value Estimation by Request
      1,917 SF

      18437 8th Mile Rd

      RETAIL STORES (PERSONAL SERVICES) • 1,917 SF
      18437 8th Mile Rd, Detroit, MI 48219-1520
      View Details

    Similar Nearby for Sale

    • $65,000
      3,166 SF

      W 7 Mile Road Retail Opportunity

      Detroit Retail/Office Rehab - $65,000
      20534 Seven Mile Rd, Detroit, MI 48219
      View Details
    • $2,200,000

      Gas Station, Audio, Mechanic Opportunity

      Gas station, audio shop, and mechanic shop for sale.
      20630 W 7 Mile Rd, Detroit, MI 48219
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    • $83,500

      Updated Retail Property on McNichols

      Retail property with updated facade and interior features.
      19618 W Mcnichols Rd, Detroit, MI 48219
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    • $48,900

      Main Street Retail/Office Opportunity

      Main street location suitable for retail, office, or service business.
      18935 W 7 Mile Rd, Detroit, MI 48219
      View Details
    • $150,000
      1,890 SF

      Detroit Retail Property with Parking

      Family-owned deli with parking lot for sale in Detroit.
      18244 W 7 Mile Rd, Detroit, MI 48219
      View Details
    • $95,000
      2,000 SF

      Grand River Ave Storefront

      Detroit Retail Space - $95,000
      20950 Grand River Ave, Detroit, MI 48219
      View Details

    Similar Nearby for Lease

    • $1,200 /Mo
      1,400 SF

      Detroit Retail Space For Rent

      B2-zoned 1400 sqft retail space suitable for barber shop/salon.
      18246 W Mcnichols Rd, Detroit, MI 48219
      View Details
    • $900 /Mo

      Retail or Event Space Available

      Established location suitable for retail or events. Updated building.
      18926 W Mcnichols Rd, Detroit, MI 48219
      View Details
    • $8 SF/Yr
      1,734 SF

      Retail Space on West 7 Mile

      Versatile retail space in Evergreen Pointe East, Detroit.
      20338 W 7 Mile Rd, Detroit, MI 48219
      View Details
    • $1,175 /Mo
      1,560 SF

      Detroit Retail Space on W 7

      Retail space on W 7 Mile, Detroit. High traffic location.
      19123 W 7 Mile Rd, Detroit, MI 48219
      View Details
    • $2,100 /Mo

      Commercial Space with Garage Door

      Commercial space with storefront and garage door access available.
      18945 Telegraph Rd, Detroit, MI 48219
      View Details
    • $3,500 /Mo

      Remodeled Space with Secured Parking

      Remodeled space suitable for salon, medical, office, or retail.
      20955 7 Mile Rd W, Detroit, MI 48219
      View Details

    Property Visit Statistics

    • Visits by month
      43.9k
    • Visitors by month
      23.0k
    • Avg Time on site
      15 min
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    22001 8th Mile Rd
    Detroit, MI 48219-1223
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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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