Realmo Analytics

Get property leads for Acquiring or Refinance. View reports on 50M+ commercial properties in the US.

Lead list sample
Financial
Distress signals
Property profile

21751 11 Mile Rd Southfield, MI 48076

FOR SALE
Medical Office Space
Property ID
US43-0219968
17,652 SF 1.09 ac lot Built 1967
Last sale Oct 2020 · $800,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon
21751 11 Mile Rd, Southfield, MI 48076 For Sale
$3,250,000 17,652 SF
21751 11 Mile Rd, Southfield, MI 48076
View Listing

Property summary

AI-generated overview

This exceptional investment opportunity presents a portfolio of five office buildings totaling 31,189 square feet, ideally situated in Southfield, Michigan. The property, located at 21681, 21701, 21721, and 21751 West Eleven Mile Road, is zoned OS - Office Services and sits on a 2.81-acre lot. The buildings, constructed in 1967, feature a two-story design and boast a diverse range of sizes, including one building of 17,652 square feet, another of 1,464 square feet, a third of 3,945 square…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$30k
Tax billed · 2022
Assessed value$457k
Assessed land$68k
Assessed improvement$389k
Effective rate6.54%

Value estimate

· Oct 2026
$990k
$891k – $1.09M
AI approach$980k
Submarket $/SF estimate$778k
NOI build-up
Gross scheduled income$187k
Vacancy & credit loss−$44k
Operating expenses−$36k
NOI · 3.30% cap applied$107k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$290/SF
Submarket average, outlier-cleaned · 27 recorded sales of this use type
Observed band · Q1–Q3$87 – $458

Cap rate analysis

How does the asset earn?
3.30%
$107k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
OS
Theoffice-service district (O-S) is designed to accommodate various types ofofficeuses performing administrative, professional and person...
General categoryUNKNOWN
JurisdictionOAKLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply33.6
Restaurant27.4
Dental Office25.2

Location

21751 11 Mile Rd Southfield, MI 48076
County assessor Recorded deeds · 8 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
18500 12th Mile, Southfield, MI 48076-2674 $420,000 Mar 2024 5,898 SF
20400 12th Mile, Southfield, MI 48076-5415 $500,000 Dec 2023 2,800 SF
29405 Greenfield, Southfield, MI 48076-2226 $420,000 Nov 2023 2,720 SF
26615 Greenfield, Southfield, MI 48076-7208 $495,000 Jan 2023 4,196 SF
17040 12th Mile, Southfield, MI 48076-2131 $650,000 Oct 2022 8,588 SF
20555 12th Mile, Southfield, MI 48076-5410 $405,000 Sep 2019 2,236 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again