877 E 8 Mile Rd, Hazel Park, MI 48030
For Sale
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This exceptional 3,445 square foot storefront property presents a unique redevelopment opportunity for discerning investors. Situated on a prominent 0.47-acre lot at the northwest corner of I-75 and 8 Mile Road in Hazel Park, Michigan, this former car dealership boasts unparalleled visibility and accessibility. The hard corner location ensures maximum exposure to the extremely high traffic counts generated by this major intersection. The building itself offers a flexible layout, including a drive-in showroom, ideal for a variety of retail uses. Monument signage is already in place, providing excellent branding opportunities visible from both I-75 and 8 Mile Road. The property's location in Oakland County, Michigan, zip code 48030, offers easy access to a large consumer base. The asking sale price is available upon request. Alternatively, a lease is available at a gross monthly rate of $3,300 plus utilities. This property is classified as retail, subtype storefront, and represents a compelling investment opportunity for those seeking high-impact commercial real estate in a prime location. The property's size and location make it suitable for a wide range of retail businesses seeking high visibility and accessibility.
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Your Buds (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
BI · Hazel Park, MIHazel Park. Always verify with local authorities before improvements.
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.