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Property profile & analytics
OFF-MARKET
Estimated value
$670,000
Commercial land
15919 10th Mile Rd, Southfield, MI 48075-2035
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US43-1360894
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1968
Total area
8,296 SF
Lot
0.45 ac (19,776 SF)
Zoning code
OS
APN
76-24-25-226-001
UPID
US43-1360894
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Ahavas Yisroel Society Synagogue
-
Dr. David Sandler Alternative Medicine Practice
-
Daryl Beacham At Jireh Financial Financial Advisor
-
Nurtur Care and Style Hair Studio Hair Salon
-
Beauty Closet Inc (Bike/Boat/Book/etc) Store Cosmetic Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$670k
Owner & transaction history
Beauty Box Southfield LLC · 5 yrs held
Beauty Box Southfield LLC
since 2020
4 recorded transactions
Zoning & alternative use
OS · Southfield, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Southfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Southfield submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$81 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$3,785
Tax year 2022
Assessed value
$60,910
Assessed 2022
Previous assessed
$60,910
+0.0% YoY
Effective rate
6.21%
On assessed value
Assessed land
$48,980
Assessed improvement
$11,930
Land market value
$97,960
Improvement market value
$23,860
Total market value
$121,820
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1968
Heating
PACKAGE
Stories
2
Total area
8,296 SF
Lot
0.45 ac (19,776 SF)
Zoning code
OS
APN
76-24-25-226-001
UPID
US43-1360894
Jurisdiction
OAKLAND
Metro division
WARREN-TROY-FARMINGTON HILLS, MI METROPOLITAN DIVISION
Zoning & alternative use
OS · Southfield, MI
Zoning OS · permitted uses
OS · Southfield, MI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Southfield. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1968
Heating
PACKAGE
Stories
2
Lot
0.45 ac
Current owner
From public records · entity-resolved
Beauty Box Southfield LLC
Entity
Free & Clear · 5 yrs held
Mailing address
24525 SOUTHFIELD RD STE #250, SOUTHFIELD, MI 48075-2741
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 25, 2020
$260,000
Beauty Box Southfield LLC
15919-10 Mila LLC
Warranty Deed
—
Oct 21, 2016
—
Beauty Box Southfield LLC
15919 10 Mile LLC
Grant Deed
related
—
Dec 16, 2015
$165,000
24361 Greenfield Rd LLC
Ogonowski Investment 1 LLC
Warranty Deed
—
—
—
Investments 1 Ogonowski
—
Deed Of Trust
related
$210,324 · Comerica Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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