Property profile

20000 12th Mile Rd Southfield, MI 48076

OFF-MARKET
Banks
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Property ID
US43-0583319
5,478 SF 0.69 ac Built 1966
Last sale Aug 2025·$1,200,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

The property is a former bank branch retail building located at the hard corner of 12 Mile Road and Evergreen Road in Southfield, Michigan (address: 20000 W 12 Mile Rd, Southfield, MI 48076). The site provides access from both road frontages, supporting multiple points of ingress and egress for visitors, staff, and deliveries. It has a signalized intersection at the corner and approximately 350 feet of combined frontage along 12 Mile Road and Evergreen Road, giving it a prominent corner position.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$21k
Tax billed · 2022
Assessed value$411k
Assessed land$128k
Assessed improvement$284k
Effective rate5.00%

Value estimate

· Nov 2026
$890k
$801k – $979k
AI approach$885k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B-3
The General Business District (B-3) is designed to provide sites for diversified business types and is often located so as to serve passe...
General categoryCOMMERCIAL
JurisdictionOAKLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency16.4
Building Supply11.6
Parking Facility11.0

Location

20000 12th Mile Rd Southfield, MI 48076-2428
County assessor Recorded deeds · 6 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
29085 Evergreen, Southfield, MI 48076-5008 $900,000 Feb 2026 3,680 SF
28901 Greenfield, Southfield, MI 48076-7120 $7,826,154 Nov 2021 14,370 SF
29111 Greenfield, Southfield, MI 48076-5831 $1,500,000 Jan 2019 4,219 SF
29131 Greenfield, Southfield, MI 48076 $1,500,000 Jan 2019 10,808 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
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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