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    OFF-MARKET
    Land

    25810 12 Mile Rd, Southfield, MI 48034

    0.59 ac lot
    Property ID
    Property summary
    AI-generated overview

    This 0.59-acre commercial land parcel at 25810 W 12 Mile Rd, Southfield, MI 48034, is offered at $399,000. Boasting approximately 156 feet of frontage on the heavily trafficked 12 Mile Road, this property enjoys exceptional visibility and accessibility. Its strategic location provides close proximity to both Northwestern Highway and Telegraph Road, ensuring convenient access for customers and employees. The site is situated within a densely populated area, boasting over 190,000 residents within a 5-mile radius, presenting a significant potential customer base for various businesses. Surrounded by numerous apartments and situated in a thriving retail corridor with many national brands, this property is perfectly positioned to capitalize on the high volume of foot and vehicle traffic. The property's characteristics make it particularly well-suited for medical offices seeking expansion opportunities or retail service businesses aiming to tap into a large and readily available market. This is a rare opportunity to acquire a highly visible and strategically located commercial land parcel in a prime Southfield location.

    Property profile
    Verified
    Property type Land
    Lot 0.59 ac (25,700 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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