19332 10 Mile RdEastpointe, MI 48021

Property Details for 19332 10 Mile Rd

Year built

1956

Lot size

0.59 AC

Property size (Sq ft)

10,080 SF

Zone code

B-1

Property type

Retail properties

Property subtype

Retail space

APN

02-14-28-130-040

APU

21428130040

Description

This exceptional 10,080-square-foot freestanding retail building presents a unique opportunity in Eastpointe, Michigan. Located at 19332 E 10 Mile Rd, this single-tenant property sits on a 0.59-acre lot and is zoned MU1. Previously occupied as a drug store, the entire space is currently vacant, offering a blank canvas for a wide range of retail uses. The building's substantial size provides ample room for a variety of layouts and configurations, catering to businesses requiring significant space. Its prominent location on E 10 Mile Rd ensures high visibility and accessibility for customers. The property's freestanding nature offers excellent signage opportunities and independent control over the building's aesthetic and functionality. This presents a rare chance to establish a strong retail presence in a thriving Macomb County community. The 0.59-acre lot provides ample parking and potential for future expansion or outdoor amenities. The MU1 zoning allows for a diverse range of commercial uses, subject to local regulations. This property is ideal for businesses seeking a high-profile location with significant space and flexibility. Serious inquiries are encouraged to explore the potential of this prime retail opportunity in Eastpointe. The property is located in the 48021 zip code.

• CAP approach

  CAP return

  Valuation

  6%

  $3,081,844

  6.5%

  $2,844,780

  7%

  $2,641,581

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,376,066

  Geo Method

  $2,376,066

• Alternative Use

  Use

  Valuation

  Residential

  $2,399,678

  Hospitality

  $2,198,092

  Educational

  $1,828,787

  Medical

  $1,891,682

  Retail

  $2,844,780

Location Insight

City

Eastpointe

County

Macomb

State

Michigan

Latitude

42.48

Longitude

-82.9193

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].