For Sale
12744 E 8 Mile Road, Detroit, MI 48205
$435,000
MLS # 20261012120 (Realcomp)
Built 19490.06 acres
1 / 47
Listing Description
Approximately 5,000 sq ft commercial building available for lease or sale, offering strong traffic exposure while maintaining a private setting. Fully updated throughout with all new electrical, new indoor HVAC system (only the cooling condenser located on the roof), new lighting, and a new exposed drop ceiling.Currently utilized as a liquidation space, the open layout provides flexibility for retail, showroom, or a variety of commercial uses. Turnkey condition with major mechanical updates already completed.
Source: SparkMLS
About this home
Listed at $435,000.
Estimated annual property tax: $3,649, or about $304 monthly. Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeCommercial Sale
Bathrooms0
Lot Size0.06 acres
Year Built1949
Location
CityDetroit
Zip Code48205
CountyWayne
School DistrictDetroit
Construction & Systems
WaterPublic
Sale & Financing
Listed3/3/2026
Source: SparkMLS
Tax Information
Annual Tax$3,649
Tax Year2025
State Equalized Value$44,400
Assessed Value$44,400
Parcel #21028351-2
Source: Public Records
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Nick Jaafar
Keller Williams Legacy
Frequently Asked Questions about 12744 E 8 Mile Road, Detroit, MI 48205
What school district is 12744 E 8 Mile Road, Detroit, MI 48205 in?
Per MLS# 20261012120, this property is served by Detroit. In Michigan, school district boundaries are set by the state and do not always follow city limits.
How much are property taxes for this home?
Per MLS# 20261012120, the most recent reported annual property tax for 12744 E 8 Mile Road, Detroit, MI 48205 is $2,872. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Is 12744 E 8 Mile Road, Detroit, MI 48205 eligible for USDA financing?
Per USDA Rural Development boundary data, 12744 E 8 Mile Road, Detroit, MI 48205 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 12744 E 8 Mile Road, Detroit, MI 48205 is in flood zone X (minimal risk). Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. Water: Public. Confirm service details directly with providers.
How safe is this area?
Per our practice, crime and safety data should be obtained directly from the authoritative source. Wayne County law enforcement agencies participate in CLEMIS (Courts and Law Enforcement Management Information System) for public safety records.
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Tax Estimate
$
Annual tax$3,649
Monthly$304
Millage rate82.1844 mills
Municipality: Detroit
School district: DETROIT CITY SCHOOL DISTRICT
County: Wayne
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Mortgage Calculator
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Monthly payment$3,125
Principal & interest$2,821
Property taxes$304
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
12744 E 8 Mile Road, Detroit, MI 48205
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Neighborhood
Mt Olivet
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Community
Detroit
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County
Wayne County
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