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    20020 8th Mile Rd Southfield, MI 48075-5627
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    Property profile & analytics

    20020 8th Mile Rd, Southfield, MI 48075-5627

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    • Grocery and convenience stores
    • 3,265 SF
    • 0.50 lot acres
    Off-Market
    Property ID
    US43-0229326
    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.

    Value Estimations
    $500,000
    Show details
    Cap Rate Potential
    8.6%
    Grocery and convenience stores
    Location Intelligence

    Current Use by Public Records

    • Grocery and convenience stores

    Property Details for 20020 8th Mile Rd

    Year built
    2002
    Lot size
    0.50 lot acres
    Zone code
    B-3
    Property type
    Grocery and convenience stores
    APN
    76-24-34-479-023
    APU
    762434479023

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Mar 8, 2013 $600,000 Star Investments LLC Zaia Investments Group LLC Quit Claim Deed · related —
    Sep 30, 2011 $600,000 Zaia Investments Group LLC Tower Petroleum INC Warranty Deed —
    Dec 20, 2002 $382,290 Ghassan Abdallah Equilon Enterprises LLC Grant Deed —
    Dec 20, 2002 — Tower Petroleum INC Abdallah,ghassan Quit Claim Deed · related $1M · Fifth Third Bank Eastern Mi
    — — Tower Petroleum Corp — Deed Of Trust · related $965k · Fifth Third Bank
    — — Tower Petroleum Corp — Deed Of Trust · related $300k · Hadi Group Distributors INC
    — — Zaia Investments Group LLC — Deed Of Trust · related $4M · Marathon Petroleum Co LP
    — — Tower Petroleum Corp — Deed Of Trust · related $100k · Fifth Third Bank

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $410,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $585,000
      6.5%
      $540,000
      7%
      $500,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $553,000
      Market price range: $101k - $554k
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $735,000
      Current use

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Southfield
    County
    Oakland
    State
    Michigan
    Longitude
    -83.24
    Latitude
    42.4444
    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
    $23,601
    $64,260
    $419,160
    $483,420
    -
    $128,520
    $838,320
    $966,840

    Property Visit Statistics

    • Visits by month
      14.5k
    • Visitors by month
      9.2k
    • Avg Time on site
      8 min
    More about this property
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