26855 Greenfield Rd, Southfield, MI 48076
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.
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
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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.