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    Property profile & analytics

    8309 8th Mile Rd Warren, MI 48089-2955

    • Grocery and convenience stores
    • 1,232 SF
    • 0.29 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jun 24, 2025
    $525,000
    Location Intelligence
    Property ID
    US43-0206477
    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

    • Grocery and convenience stores

    Property Details for 8309 8th Mile Rd

    Year built
    1950
    Lot size
    0.29 lot acres
    Property size
    1,232 SF
    Zone code
    M-2
    Property type
    Grocery and convenience stores
    APN
    12-13-34-358-032
    APU
    121334358032

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Warren
    County
    Macomb
    State
    Michigan
    Longitude
    -83.0201
    Latitude
    42.4488
    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
    2022
    $8,447
    $0.00
    $0.00
    $143,920
    -
    $0.00
    $0.00
    $287,840

    Comparable in this City

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    • Value Estimation by Request
      2,241 SF

      22932 Groesbeck Hwy

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      1,986 SF

      26951 Hoover Rd

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      24800 Hoover Rd

      GROCERY, SUPERMARKET • 58,334 SF
      24800 Hoover Rd, Warren, MI 48089-1926
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      2,985 SF

      14520 Stephens Rd

      GROCERY, SUPERMARKET • 2,985 SF
      14520 Stephens Rd, Warren, MI 48089-5767
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    • Value Estimation by Request
      5,525 SF

      22125 Van Dyke Ave

      GROCERY, SUPERMARKET • 5,525 SF
      22125 Van Dyke Ave, Warren, MI 48089-2360
      View Details

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      Versatile Commercial Property on 8 Mile

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    Similar Nearby for Lease

    • $4,500 /Mo

      Versatile Retail/Office/Medical Space Available

      High-traffic location suitable for retail, office, or medical use.
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      1,086 SF

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    • Contact for pricing
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      Retail Space in Updated Building

      Retail space available in updated commercial building, flexible square footage.
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    • $8 SF/Yr
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      Retail Center with High Visibility

      Retail spaces available in active center with high traffic.
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      Retail Space For Lease

      Retail spaces available in Frazho Plaza, Warren, Michigan.
      14555-14747 Groesbeck Hwy, Warren, MI 48089
      View Details
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    Warren, MI 48089-2955
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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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