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Financial
Distress signals
Property profile

15975 Eureka Rd Southgate, MI 48195

FOR LEASE
Retail space
Property ID
US43-1757237
1,875 SF 0.47 ac lot Built 1981
Last sale Nov 2024 · $300,000
Individually Owned Owner of record is an individual. 20-yr Hold Held for 20 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This 2,167 square-foot medical office building, located at 15975 Eureka Road in Southgate, Michigan, is available for $395,000. The freestanding building sits on a 0.46-acre lot and boasts 12-foot ceilings, providing ample space for a variety of uses. Renovated in 2021, the property offers convenient parking for over 20 vehicles. Its C-1 zoning permits a range of retail, office, and medical uses, making it a versatile investment opportunity. The building's prior use as a salon showcases its…

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 · 2023

What does the county charge?
$9k
Tax billed · 2023
Assessed value · 2024$134k
Effective rate6.99%

Value estimate

· Oct 2026
$300k
$270k – $330k
AI approach$300k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$76/SF
County average, outlier-cleaned · 1022 recorded sales of this use type
Observed band · Q1–Q3$35 – $124
Qualifying comparables5

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?
C-1 COMM BUS
JurisdictionWAYNE

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office21.3
Building Supply16.3
Spa & Massage15.5

Location

15975 Eureka Rd Southgate, MI 48195
County assessor Recorded deeds · not on file 5 qualifying comp sales 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
13759 Dix Toledo, Southgate, MI 48195-2433 $250,000 Feb 2025 2,135 SF
19218 Eureka, Southgate, MI 48195-2927 $260,000 Jul 2024 2,109 SF
12372 Ft, Southgate, MI 48195-1008 $52,000 Apr 2024 1,864 SF
13422 Ft, Southgate, MI 48195-1138 $50,000 Jan 2024 2,125 SF
15001 Allen, Southgate, MI 48195-2921 $1,060,000 Mar 2023 1,978 SF
12961 Dix Toledo, Southgate, MI 48195-1745 $1,150,000 Jan 2022 2,030 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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Ask anything about this address in plain English.
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