19993 W Twelve Mile Rd Southfield, MI
Property profile & analytics
19993 W Twelve Mile Rd Southfield, MI
- Drug stores
- 10,830 SF
- 1.39 lot acres
Property ID
US43-1069342
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Drug stores
Property Details for 19993 W Twelve Mile Rd
- Year built
- 1998
- Lot size
- 1.39 lot acres
- Property size
- 10,830 SF
- Zone code
- B-2
- Property type
- Drug stores
- APN
- 76-24-14-101-277
- APU
- 762414101277
Description
This exceptional 10,880-square-foot retail space is ideally situated at 19993 W. 12 Mile Rd in Southfield, Michigan, within Oakland County. The property boasts a prominent location and is currently entirely vacant, presenting a unique opportunity for a single tenant or multiple tenants to establish their business. The building's total square footage is 10,880 square feet, all of which is available for lease. The expansive 1.39-acre lot provides ample parking for customers and employees, with 45 spaces readily available. The property is classified as retail commercial space with multiple tenancy options. This prime location in Southfield offers excellent visibility and accessibility, making it an attractive proposition for a variety of retail businesses. The property's previous use as a CVS pharmacy speaks to its suitability for a high-traffic retail operation. The address is 19993 W 12 Mile Rd, Southfield, MI 48076. Interested parties are encouraged to inquire further to explore the possibilities this exceptional retail space offers. The property is ready for immediate occupancy.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,940,000
- 6.5%
- $1,795,000
- 7%
- $1,665,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,446,000
- AI Estimate
- $1,460,000
Market price range: $828k - $3.32MMarket price range: $369k - $2.63M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $2,445,000 Current use
- MEDICAL BUILDING
- $3,145,000 Change: +29% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Southfield
- County
- Oakland
- State
- Michigan
- Longitude
- -83.2405
- Latitude
- 42.5015
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$32,668
$196,780
$534,450
$731,230
-
$393,560
$1,068,900
$1,462,460
