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    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    8180 10th Mile Rd, Center Line, MI 48015-1450

    4,800 SF 0.15 ac lot Built 1958
    Entity Owned 25-yr Hold Absentee Owner Free & Clear
    Property ID
    US43-0162266
    Property summary
    AI-generated overview

    This 5,000 square foot vacant commercial property, located at 8180 E 10 Mile Rd in Center Line, Michigan (zip code 48015), presents a compelling value-add opportunity. The single-story, 1958-built building sits on a 0.32-acre lot and is zoned B-1A, suitable for retail or office use. Significant improvements have already been made, including the replacement of two bay doors, installation of newer windows, and a 75% roof replacement. The exterior has been freshly repainted, and the property features a fenced, secured parking area. Its location on the busy 10 Mile & Van Dyke corridor offers excellent visibility and accessibility. The city of Center Line is actively seeking new retail and commercial businesses, making this a particularly attractive investment. While all utilities require updating, the proximity to Heinrich's Bakery and the potential for lease options contribute to the property's strong investment potential. This is a rare chance to acquire a well-located, partially renovated commercial space with significant upside. The asking price is $325,000.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1958
    Construction CONCRETE BLOCKS
    Total area 4,800 SF
    Lot 0.15 ac (6,447 SF)
    Zoning code IND <20K SF
    APN 01-13-27-101-010
    UPID US43-0162266
    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
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    NAFTA SERVICES CORPORATION
    NAFTA SERVICES CORPORATION
    Zoning & alternative use
    IND <20K SF · Center Line, MI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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