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    OFF-MARKET
    Warehouses

    320 8th Mile Rd, Hazel Park, MI 48030-2402

    2,580 SF 0.08 ac lot Built 1942
    Entity Owned Absentee Owner ~ Est. High Equity
    Property ID
    US43-0280889
    Property summary
    AI-generated overview

    This exceptional 2,580 square foot warehouse, located at 320 Eight Mile W in Hazel Park, Michigan, presents a remarkable investment opportunity. Built in 1942 and extensively renovated in 2023, this all-brick/block concrete structure boasts high ceilings, ample power, and a concrete floor. The property features heating, cooling, and hot water, along with a large garage door for easy access. A fully fenced lot provides secure parking. Its strategic location on Eight Mile Road offers excellent visibility. The permitted zoning, Land Use: 201 - BUSINESS, IMPROVED, allows for a variety of commercial uses. This versatile space is ideal for a range of businesses, offering potential for owner-occupancy or leasing to generate strong rental income. The property's recent renovation ensures modern functionality and efficiency, minimizing upfront capital expenditures. The asking price is $229,900. This Hazel Park warehouse presents a compelling opportunity for investors and business owners alike. The property is situated in Oakland County, Michigan, zip code 48030.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1942
    Total area 2,580 SF
    Lot 0.08 ac (3,485 SF)
    Zoning code II
    APN 28-25-35-460-016
    UPID US43-0280889
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Njr Ball LLC
    Njr Ball LLC
    since 2025
    Last sale
    $205,000
    5 recorded transactions
    2025
    $205,000
    2019
    2012
    2002
    $105,000
    1969
    Zoning & alternative use
    II · Hazel Park, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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