Property profile

19855 12th Mile Rd Southfield, MI 48076

OFF-MARKET
Community centers
Property ID
US43-1019118
112,783 SF 8.21 ac lot Built 1975
Entity Owned 1-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Community centers
Use group MINI-MALL
Year built 1975
Total area 112,783 SF
Lot 8.21 ac (357,628 SF)
Zoning code B-2
APN 76-24-14-101-278
UPID US43-1019118

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
  • Bank Credit Union
  • Bank Credit Union
  • Take-out & Catering
  • Pharmacy
  • Physician

Location

19855 12th Mile Rd Southfield, MI 48076-2561
Southfield metro Census 161200 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.78M
Blend (final) Blend
$4.35M

Owner & transaction history

since 2024
5 recorded transactions
2024
Price N/A
2022
Price N/A
2004
Price N/A
1999
Price N/A
1969
Price N/A

Zoning & alternative use

B-2 · Southfield, MI
Zoning description

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…

General category COMMERCIAL

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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