Property profile

16038 Southfield Rd Allen Park, MI 48101

OFF-MARKET
Warehouses
Property ID
US43-1680684
6,050 SF 0.29 ac lot Built 1973
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1973
Total area 6,050 SF
Lot 0.29 ac (12,632 SF)
Zoning code GI
APN 30 008 02 0106 000
UPID US43-1680684

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Industrial Manufacturer

Location

16038 Southfield Rd Allen Park, MI 48101-2563
Allen Park metro Census 576100 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$230k

Owner & transaction history

since 2023
Last sale
$225,000
2 recorded transactions
2023
$225,000
2014
Price N/A

Zoning & alternative use

GI · Allen Park, MI
Zoning description

DIVISION 14. - GI, GENERAL INDUSTRIAL DISTRICT Sec. 52-609. - Statement of purpose. The GI, general industrial district in intended to provide a desirable industrial environment that consists of uses that are slightly mo…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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