8180 10th Mile Rd, Center Line, MI 48015-1450
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
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
IND <20K SF · Center Line, MICenter Line. Always verify with local authorities before improvements.
No recorded transactions found for this property.
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.