For Sale
16060 E 8 Mile Road, Detroit, MI 48205
$100,000
MLS # 20261049976 (Realcomp)
Built 19700.09 acres
1 / 1
Listing Description
Prime commercial opportunity located on highly traveled E. 8 Mile Road with outstanding visibility and consistent daily traffic. This versatile property offers endless potential for retail, office, medical, service, or investment use (subject to municipal approval). Conveniently situated near major roads, freeways, and established businesses, providing excellent exposure for any growing business. Don’t miss the chance to own a commercial property in one of Detroit’s busiest corridors. Schedule your private showing today.
Source: SparkMLS
About this home
Asking $100,000.
Estimated annual property tax: $4,446, or about $371 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 Size0.09 acres
Year Built1970
Location
CityDetroit
Zip Code48205
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
WaterPublic
Sale & Financing
Listed7/2/2026
Source: SparkMLS
Tax Information
Annual Tax$3,884
Tax Year2025
State Equalized Value$54,100
Assessed Value$54,100
Parcel #21027967-8
Source: Public Records
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Osama Kaid
XPI Realty
Frequently Asked Questions about 16060 E 8 Mile Road, Detroit, MI 48205
What school district is 16060 E 8 Mile Road, Detroit, MI 48205 in?
Per MLS# 20261049976, 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# 20261049976, the most recent reported annual property tax for 16060 E 8 Mile Road, Detroit, MI 48205 is $12,280. 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 16060 E 8 Mile Road, Detroit, MI 48205 eligible for USDA financing?
Per USDA boundary maps, this property is located in a USDA-eligible area, which means qualified buyers may be able to finance with 0% down through the USDA Rural Development program. Confirm current eligibility directly with USDA.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 16060 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$4,446
Monthly$371
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$1,019
Principal & interest$649
Property taxes$371
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
16060 E 8 Mile Road, Detroit, MI 48205
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Neighborhood
Burbank
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Community
Detroit
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County
Wayne County
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