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Retail Space at Signalized Corner
For Sale
Contact for pricing
Pending

20000 W 12 Mile Rd, Southfield, MI 48076

Former bank branch with ingress and egress from two roads at a signalized intersection.

Property SizeContact for details
Days on Market145

Property Features for 20000 W 12 Mile Rd

General Information

Standard status Pending
Property subtype Retail
Listing Agency: CBRE - Detroit
Listed By: Scott Young · License #MI 6502405265
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 8:14PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Detroit

Investment Insights

Based on property information with market context.

This retail property is a former bank branch positioned at the hard corner of 12 Mile Road and Evergreen Road in Southfield, Michigan. The site offers access from both roads, providing multiple points of ingress and egress for customers, employees, and deliveries.

The signalized intersection and approximately 350 feet of combined frontage along 12 Mile Road and Evergreen Road give the property a prominent corner position. The address is 20000 W 12 Mile Rd, Southfield, MI 48076.

Key Highlights

  • Former bank branch at a hard‑corner intersection
  • Ingress and egress from both 12 Mile Road and Evergreen Road
  • Signalized intersection at the property corner

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Building Supply Auto Repair Shop Parking Lot & Garage Storage Facility Electrical Service Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,102
Businesses Nearby
73k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 45% Shops & Services 43% Apparel 9% Home Improvements & Furnishings 2%
Panera Bread Dining
16,346 visits/mo 0.5 miles
Exxon Shops & Services
10,410 visits/mo 0.4 miles
Marathon Petroleum Shops & Services
6,793 visits/mo 0.5 miles
Jersey Mike's Subs Dining
6,504 visits/mo 0.5 miles
Olga's Kitchen Dining
5,631 visits/mo 0.5 miles

Demographics for 48076, MI

26,062
Population
11,016
Households
2.4
Avg Household Size
44
Median Age
44%
College-Educated
94%
High-School Grad
7.1 sq mi
ZIP Area
3,671
Density / Sq Mi
$85,171
Median Household Income
$50,210
Median Earnings
$1,451
Median Rent
$251,300
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Former bank branch with ingress and egress from two roads at a signalized intersection.
Where is this retail space located?
The property is located at 20000 W 12 Mile Rd Southfield, MI.
What are key features of this property?
This property features: Former bank branch at a hard‑corner intersection; Ingress and egress from both 12 Mile Road and Evergreen Road; Signalized intersection at the property corner
(248) 936-6832 Call to check price and availability
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