19148 10 Mile RdEastpointe, MI 48021

Property Details for 19148 10 Mile Rd

Year built

1957

Lot size

0.28 AC

Property size (Sq ft)

8,880 SF

Zone code

B-1

Property type

Medical offices

Property subtype

Medical centers

APN

02-14-28-126-028

APU

21428126028

Description

This exceptional freestanding retail property, located at 19148 E 10 Mile Rd in Eastpointe, Michigan, presents a unique opportunity for a single tenant. Boasting a generous 8,800 square feet of space across three stories, this building is situated on a 0.27-acre lot and offers ample parking for customers and employees. The property is currently vacant, providing a blank canvas for a new business to establish its presence. Its MU1 zoning allows for a variety of commercial uses, making it suitable for a wide range of retail concepts. The building's prime location in Eastpointe, Macomb County, ensures high visibility and accessibility for potential customers. The address is 19148 E 10 Mile Rd, Eastpointe, MI 48021. With its substantial size, convenient parking, and versatile zoning, this property is an ideal location for a business seeking to establish a strong foothold in a thriving community. The entire 8,800 square feet is available for lease, offering significant space for a large-scale retail operation or the potential to be subdivided for multiple smaller tenants (subject to zoning approval). This is a rare opportunity to secure a prominent retail space in a desirable location. Contact us today to learn more about leasing this exceptional property.

• CAP approach

  CAP return

  Valuation

  6%

  $1,846,910

  6.5%

  $1,704,840

  7%

  $1,583,066

• Comparable approach

  Method

  Valuation

  Relative Method

  $830,635

  Geo Method

  $830,635

• Alternative Use

  Use

  Valuation

  Residential

  $2,114,002

  Hospitality

  $1,936,414

  Educational

  $1,611,074

  Medical

  $1,666,481

  Retail

  $2,506,115

Location Insight

City

Eastpointe

County

Macomb

State

Michigan

Latitude

42.48

Longitude

-82.9205

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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