FOR SALE FORMER BANK BRANCH 19000 E. 9 MILE RD, EASTPOINTE, MI

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Presentation transcript:

Associate jkello@landmarkcres.com FOR SALE FORMER BANK BRANCH 19000 E. 9 MILE RD, EASTPOINTE, MI CONTACT US LOUIS J. CIOTTI Associate Broker lciotti@landmarkcres.com (248) 488-2620 JOHN KELLO Associate jkello@landmarkcres.com (248) 488-2620 30500 Northwestern Hwy, Suite 200 Farmington Hills, MI 48334 Phone: (248) 488-2620 landmarkcres.com

Former Bank Branch • Eastpointe, MI FOR SALE PROPERTY DETAILS Location: 19000 E. 9 Mile Rd, Eastpointe, MI Property Type: Freestanding Building Date Available: Immediately Price: $499,000 Property Taxes: $21,930 Building Size: 4,386 SF Lot Size: .56 acres Zoning: B-3 Retail Traffic Count: 9 Mile Rd west of I-94 = 23,100 cpd I-94 south of 9 Mile Rd = 130,482 cpd Contact: Louis J. Ciotti lciotti@landmarkcres.com John Kello jkello@landmarkcres.com (248) 488-2620 DESCRIPTION Freestanding former bank branch that can be repurposed or redeveloped. 19000 E. 9 MILE RD EASTPOINTE, MI Former Bank Branch • Eastpointe, MI

Former Bank Branch • Eastpointe, MI MICRO Former Bank Branch • Eastpointe, MI

Former Bank Branch • Eastpointe, MI SURVEY Former Bank Branch • Eastpointe, MI

Former Bank Branch • Eastpointe, MI

Former Bank Branch • Eastpointe, MI

19000 E. NINE MILE RD, EASTPOINTE, MI DEMOGRAPHICS DESCRIPTION 1 MILE 3 MILE 5 MILE POPULATION 2018 Estimated Population 17,687 151,973 317,122 2023 Projected Population 18,289 153,209 324,601 2010 Census Population 17,697 153,683 323,858 2000 Census Population 18,149 161,625 369,800 Projected Annual Growth 2018 to 2023 0.7% 0.2% 0.5% Historical Annual Growth 2000 to 2018 -0.1% -0.3% -0.8% HOUSEHOLDS 2018 Estimated Households 7,406 63,022 127,966 2023 Projected Households 7,781 64,640 133,044 2010 Census Households 7,228 61,679 126,019 2000 Census Households 7,573 65,322 139,803 1.0% 0.8% -0.2% -0.5% RACE 2018 Est. White 69.1% 67.5% 59.3% 2018 Est. Black 26.0% 26.9% 35.1% 2018 Est. Asian or Pacific Islander 1.7% 2.3% 2.4% 2018 Est. American Indian or Alaska Native 0.3% 2018 Est. Other Races 2.9% 3.0% INCOME 2018 Est. Average Household Income $71,442 $70,329 $68,560 2018 Est. Median Household Income $54,748 $56,681 $53,814 2018 Est. Per Capita Income $29,920 $29,200 $27,712 BUSI NESS 2018 Est. Total Businesses 661 4,600 9,882 2018 Est. Total Employees 5,407 36,961 103,019 19000 E. NINE MILE RD, EASTPOINTE, MI LANDMARK COMMERCIAL REAL ESTATE SERVICES – Licensed Real Estate Brokers. The information above has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates are used for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction, the suitability of the property for your needs.