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Financial
Distress signals
Property profile

19270 8 Mile Rd Southfield, MI 48075

FOR LEASE
Showrooms
Property ID
US43-1703176
49,920 SF 4.29 ac lot Built 1935
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Industrial property located on W 8 Mile in Southfield, approximately just west of Southfield Freeway, comprising a 40,558-square-foot main building on a 4.29-acre lot. The site is zoned I-1 Industrial and includes a fenced yard, with three truckwells serving the main building. An additional approximately 9,000-square-foot storage building is located on the premises.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$14k
Tax billed · 2022
Assessed value$782k
Assessed land$397k
Assessed improvement$385k
Effective rate1.78%

Value estimate

· Oct 2026
$655k
$590k – $721k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$176/SF
County average, outlier-cleaned · 344 recorded sales of this use type
Observed band · Q1–Q3$119 – $256

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?
I-1
The intent of this zone is to promote industrial uses
General categoryINDUSTRIAL
JurisdictionOAKLAND

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency54.4
Restaurant52.5
Dental Office42.9

Location

19270 8 Mile Rd Southfield, MI 48075
County assessor Recorded deeds · not on file Qualifying comp sales · not on file 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 · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
19471 10th Mile, Southfield, MI 48075-2461 $390,000 Oct 2024 3,828 SF
21200 Melrose, Southfield, MI 48075-7901 $1,780,000 Jul 2022 23,400 SF
18130 10th Mile, Southfield, MI 48075-2630 $6,350,000 Feb 2022 10,653 SF
21000 8th Mile, Southfield, MI 48075-5639 $1,427,640 Apr 2021 45,310 SF
19995 9th Mile, Southfield, MI 48075-3962 $750,000 Nov 2019 2,520 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.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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