Property summary
This exceptional retail opportunity presents a fully vacant, 8,800 square foot neighborhood center situated on a 2.53-acre lot at 18203-18235 West Ten Mile Road in Southfield, Michigan. The property, zoned B-1, boasts a prime location with excellent visibility and accessibility, conveniently situated near Southfield Road. Built in 1965 and renovated in 2003, the single-story building offers flexible space options, with a minimum divisible unit of 2,600 square feet and a maximum contiguous space of 6,200 square feet. Ample parking is provided with 162 spaces available for customers and employees. The property is located within the Southfield S of 10 Mile submarket in Oakland County, Michigan, and features a convenient address with easy access to major thoroughfares. This versatile space is ideal for a variety of retail or restaurant uses, presenting a unique chance to establish a thriving business in a well-established area. The property's location in Oakland County, MI, zip code 48075, offers a strong demographic profile and significant foot traffic. The building's single-story design and ample parking ensure convenient access for customers. This is a rare opportunity to lease a substantial retail space in a desirable location. The property's size and layout offer significant flexibility for potential tenants.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The Planned Business District (B-2) is designed to service the needs of the convenience or comparison shopper. The district is generally characterized by an integrated or planned cluster of establishments served by a com…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
B-2 · Southfield, MIThe Planned Business District (B-2) is designed to service the needs of the convenience or comparison shopper. The district is generally characterized by an integrated or planned cluster of establishments served by a com…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The Planned Business District (B-2) is designed to service the needs of the convenience or comparison shopper. The district is generally characterized by an integrated or planned cluster of establishments served by a com…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for B-2 in Southfield, MI.
Registration is required before the official district profile is shown.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.