Property profile

25810 12 Mile Rd Southfield, MI 48034

OFF-MARKET
Land
0.59 ac lot
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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

Location

25810 12 Mile Rd Southfield, MI 48034
Southfield metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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