Property profile

18977 10th Mile Rd Southfield, MI 48075

OFF-MARKET
Office buildings
Property ID
US43-5279545
5,970 SF 0.28 ac lot Built 1969
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1969
Total area 5,970 SF
Lot 0.28 ac (12,197 SF)
Zoning code R-4
APN 76-24-26-201-016
UPID US43-5279545

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
  • Gym & Fitness Center
  • Hardware & Home Improvement General Contractor
  • Law Firm
  • Hair Salon
  • Hair Salon

Location

18977 10th Mile Rd Southfield, MI 48075-2616
Southfield metro Census 162000 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$245k

Owner & transaction history

since 2018
7 recorded transactions
2022
Price N/A
2018
$240,000
2014
$145,000
2005
Price N/A
2004
$330,000
2002
Price N/A
2002
Price N/A

Zoning & alternative use

R-4 · Southfield, MI
Zoning description

The intended of this district to provide areas in the city for single-family dwellings as permitted uses and residentially related uses

General category RESIDENTIAL

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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