Property profile

19100 10th Mile Rd Southfield, MI 48075

OFF-MARKET
Office buildings
Property ID
US43-0260872
6,000 SF 0.36 ac lot Built 1969
Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This listing describes a private, 165-square-foot office suite within a secure, professionally maintained multi-tenant office building in Southfield, Michigan. The suite is configured for professional use and is described as suitable for services such as accounting, consulting, legal services, therapy, insurance, notary work, and other solo professional operations. The building setting is characterized as having ample on-site parking and a quiet environment, and the property is located on a 0.35-acre lot. The site offers convenient access to the 10 Mile Road corridor, with proximity to Southfield Road, Evergreen Road, and I-696, supporting client access. The space is intended for professional office use only, and the building is described as providing high-speed internet and included utilities as part of the gross lease structure.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1969
Total area 6,000 SF
Lot 0.36 ac (15,464 SF)
Zoning code OS
APN 76-24-23-383-013
UPID US43-0260872

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
  • Insurance Agency
  • Hair Salon Nail Salon
  • Freight Service Logistics Company
  • Counselor Holistic Medicine Practitioner
  • Film Production Television Studio

Location

19100 10th Mile Rd Southfield, MI 48075-2411
Southfield metro Census 161500 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$290k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$290k

Owner & transaction history

since 2016
7 recorded transactions
2019
Price N/A
2016
Price N/A
2016
Price N/A
2007
Price N/A
1999
$286,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

OS · Southfield, MI
Zoning description

Theoffice-service district (O-S) is designed to accommodate various types ofofficeuses performing administrative, professional and personal services

General category UNKNOWN

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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