25810 12 Mile Rd, Southfield, MI 48034
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.