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Property profile & analytics

18203 10 Mile Rd Southfield, MI 48075

  • Community centers
  • 27,760 SF
  • 2.58 lot acres
Value Estimation
$695,000
Location Intelligence
Property ID
US43-1372746
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Community centers

Property Details for 18203 10 Mile Rd

Year built
1965
Lot size
2.58 lot acres
Property size
27,760 SF
Zone code
B-2
Property type
Community centers
APN
76-24-26-226-002
APU
762426226002

Description

This exceptional retail opportunity presents a fully vacant, 8,800 square foot neighborhood center situated on a 2.53-acre lot at 18203-18235 West Ten Mile Road in Southfield, Michigan. The property, zoned B-1, boasts a prime location with excellent visibility and accessibility, conveniently situated near Southfield Road. Built in 1965 and renovated in 2003, the single-story building offers flexible space options, with a minimum divisible unit of 2,600 square feet and a maximum contiguous space of 6,200 square feet. Ample parking is provided with 162 spaces available for customers and employees. The property is located within the Southfield S of 10 Mile submarket in Oakland County, Michigan, and features a convenient address with easy access to major thoroughfares. This versatile space is ideal for a variety of retail or restaurant uses, presenting a unique chance to establish a thriving business in a well-established area. The property's location in Oakland County, MI, zip code 48075, offers a strong demographic profile and significant foot traffic. The building's single-story design and ample parking ensure convenient access for customers. This is a rare opportunity to lease a substantial retail space in a desirable location. The property's size and layout offer significant flexibility for potential tenants.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $680,000
  • CAP approach

    CAP return
    Estimation
    6%
    $800,000
    6.5%
    $760,000
    7%
    $815,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $720,000
    Geo Method
    $690,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $820,000
    Retail
    $670,000
    Mixed-Use
    $915,000
    Hospitality
    $890,000
    Educational
    $815,000
    Residential Income
    $795,000
    Energy
    $865,000
    Income-Based Land
    $740,000
    Food Service
    $835,000

Location Insight

  • Map
  • Local Demand
City
Southfield
County
Oakland
State
Michigan
Longitude
-83.2227
Latitude
42.4729
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$70,793
$219,640
$904,640
$1,124,280
-
$439,280
$1,809,280
$2,248,560
More about this property
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