15602 Northline Rd, Southgate, MI 48195
1644 SF property with business use potential in Southgate.
- Added:
- Mar 10, 2026
- Days on Market:
- 119
- Last Refresh:
- Jul 4 at 5:32 am
Property Features for 15602 Northline Rd
General Information
- Standard status
- Active
- Size
- 1,644 SF
- Lot size
- 0.09 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1900
Listing office Creekstone Realty (248) 762-9186
Listing date Mar 10, 2026
Source Elliman
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All listing content including descriptions, pricing, images are the copyrighted material of Creekstone Realty
HighLights
- 1,644 SQFT of living space with 3 bedrooms and a basement.
- RO‑1 Restricted Office zoning allows for diverse business uses (subject to city approval).
- Located in the Southgate School District.
- Two‑car detached garage.
- Great potential for residential, rental, or business conversion.
- Built in 1900, offering unique character.
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $9.9k | $6.00 |
| − Vacancy | −$2.3k | −$1.41 |
| EGI | $7.5k | $4.59 |
| − OpEx | −$1.9k | −$1.15 |
| NOI | $5.7k | $3.44 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Kinzit Technologies — 13400 Fort St, Southgate, MI 48195
Location Insight
- Map
- Local Demand
- City
- Southgate
- County
- Wayne
- State
- Michigan
- Longitude
- -83.2133
- Latitude
- 42.2136