15205 E 8 Mile Road
Eastpointe, MI 48021
Improved Land · MLS # 20261091242 · Listing courtesy of 3DX Real Estate LLC
About this home
Commercial land opportunity on 8 Mile Road near Gratiot Avenue in Eastpointe. This approximately 0.343-acre parcel offers roughly 100 feet of road frontage with excellent visibility and exposure to high daily traffic volumes. Located in an established commercial corridor with nearby retail stores, restaurants, automotive businesses, and service providers. Potential for retail, office, automotive, or other commercial development, subject to municipal approval. Convenient access to Gratiot Avenue, Detroit, Warren, and surrounding communities. Per discussions with the City of Eastpointe, flexible land division opportunities may be available, subject to applicable setbacks, access requirements, and municipal approvals. Two additional commercial parcels are available nearby, offering individual or combined purchase opportunities totaling approximately 2.16 acres. Land contract financing may be available with $50,000 down, 8% interest, 30-year amortization, and a 5-year balloon, subject to seller approval. Buyer to independently verify zoning, utilities, access, land division requirements, and permitted uses.
Systems and utilities
Exterior and lot
Taxes, HOA and more
Schools
How it compares in Eastpointe
Over the last 90 days, 88 homes sold in Eastpointe for a median of $159,950, about $99 per square foot, and the typical one went under contract in 12 days. This home is listed at $200,000, and has been on the market 0 days. Size, condition, updates and the exact street all move the number, so treat this as context. See recent Eastpointe sales or ask us for the comparable sales on this one.
Property taxes for a new owner
The current owner pays about $2,296 a year. A buyer who lives here would pay about $1,781 to $6,098 a year once the taxable value resets after the sale, at the 2025 homestead rate of 60.38 mills for Eastpointe City and East Detroit schools, plus the 1% administration fee. Michigan resets a home's taxable value the year after it sells, so the seller's bill isn't a good number to budget with. See the math.
Monthly payment estimate
Estimate only, 30 year fixed, includes taxes at a new owner's rate when listed. Ask us for a lender quote.
Location
Similar homes in Eastpointe
IDX information provided courtesy of Realcomp II Ltd. via The MJA Company at National Realty Centers, © 2026 Realcomp II Ltd. Shareholders. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data updated Nov 14, 2026, 3:41 PM.