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    26855 Greenfield Rd Southfield, MI 48076

    Sponsored
    For Sale
    Contact for pricing

    Prime Southfield location, high-traffic area, development ready.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.33-acre commercial land parcel presents a remarkable investment opportunity in the thriving Southfield market. Located at 26855 Greenfield Road, this property boasts a highly desirable location just south of 11 Mile Road, an area experiencing significant growth with recent developments including a new Kroger and McDonald's. The site benefits from excellent visibility and accessibility, featuring frontage on Greenfield Road and an easement to 11 Mile Road, providing convenient access for customers and employees. The property's zoning designation is B-3 & RM, with B-1 uses permitted under a consent judgment, offering flexibility for a variety of commercial ventures. This makes it ideal for quick-service restaurants (QSRs), retail establishments, or medical facilities, given the substantial surrounding population density. The APN is 24-24-226-059. Its proximity to I-696 ensures easy access for commuters and customers. This is a rare opportunity to acquire a strategically positioned land parcel in a high-demand area, poised for immediate development and significant return on investment. Further details are available upon request.

    Property Features for 26855 Greenfield Rd

    General Information

    Property type
    Land
    Lot Size
    57,935 SF

    HighLights

    • 1.33‑acre commercial lot in Southfield, MI, at 26855 Greenfield Road.
    • High‑growth area near new Kroger and McDonald's, south of 11 Mile Road.
    • Excellent access to I‑696, Greenfield Road frontage, and 11 Mile Road easement.
    • B‑3 & RM zoning (B‑1 permitted uses under consent judgment), ideal for QSR, retail, or medical.
    • APN: 24‑24‑226‑059.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Southfield
    County
    Oakland
    State
    Michigan
    Longitude
    -83.203072
    Latitude
    42.487447

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    FAQs

    What type of property is this?
    Land - Prime Southfield location, high-traffic area, development ready.
    Where is this land located?
    The property is located at 26855 Greenfield Rd Southfield, MI.
    What are key features of this property?
    This property features: 1.33-acre commercial lot in Southfield, MI, at 26855 Greenfield Road.; High-growth area near new Kroger and McDonald's, south of 11 Mile Road.; Excellent access to I-696, Greenfield Road frontage, and 11 Mile Road easement.
    Request Owner's contact information
    26855 Greenfield Rd Southfield, MI 48076
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    Southfield, MI 48076
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    26855 Greenfield Rd Southfield, MI 48076
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